In view of this, UFBU has decided to oppose the move of privatization, All India Bank Employees Association (AIBEA) general secretary CH Venkatachalam said in a statement. Under this, a strike of banks has been called across the country on 16 and 17 December.
Banks may strike on 16th and 17th December
Some bank organizations have decided to go on strike on December 16 and 17. During this time, it has been said to keep all the work related to banking closed. The United Forum of Bank Unions (UFBU) has called a strike and appealed to all public sector banks to join it. A strike has been called for the privatization of banks. However, almost all the big banks of the country have made up their mind to continue functioning in the event of a strike and have also issued instructions in this regard.
UFBU has called for a strike. Nine unions of banks come under UFBU. It is worth noting that Finance Minister Nirmala Sitharaman, while presenting the budget for the financial year 2021-22 earlier this year, announced the privatization of two public sector banks with a target of raising Rs 1.75 lakh crore. Earlier in 2019, the government had privatized IDBI Bank by selling its stake in IDBI Bank to LIC. Apart from this, 14 public sector banks have been merged in the last four years.
This organization called a strike
In view of this, UFBU has decided to oppose the move of privatization, All India Bank Employees Association (AIBEA) general secretary CH Venkatachalam said in a statement. Under this, a strike of banks has been called across the country on 16 and 17 December. Now it depends on the banks whether they join it or not. The unions which come under UFBU say that the strike will be implemented effectively in the country.
What Canara Bank said
On the other hand, banks have said that during the strike, special arrangements have been made to ensure that banking related operations can run smoothly. Canara Bank has said in a tweet that necessary steps have been taken for normal functioning of its branches and offices. Along with this, the bank management has called a meeting with the union, association and federation, in which different topics of the strike will be discussed. This meeting has been called on December 14 at 12.30 in which the demands of the union and association will be looked into.
State Bank Appeal
In this sequence, the country’s largest public sector bank State Bank of India has appealed to its staff members not to go on strike. State Bank has written in a tweet that all members should consider not participating in the proposed strike on 16 and 17 December. Staff members should not participate in the two-day strike as it can lead to huge losses for the customers, investors and the bank. State Bank has said that in view of the Corona epidemic, the decision to strike is not justified as it will cause huge inconvenience to all the parties of the bank.
An appeal to all Bank Staff. pic.twitter.com/EZFGpfnK0a
— State Bank of India (@TheOfficialSBI) December 13, 2021
Punjab National Bank has also made a similar appeal. PNB said, “In view of the interests of the bank and the customer, PNB appeals to its officers’ association and workers’ union to postpone the proposed strike on December 15 and 17.” Unions and associations have decided to go on strike against the privatization of banks.
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