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Money & Banking - Trade & Labour Unions
Bank unions plan stir next month

Mumbai, Aug. 21

The United Forum of Bank Unions, the umbrella organisation of all bank unions, has called for a two-day nationwide strike on September 24 and 25, according to a press release by UFBU. The release said that the decision for the strike was taken at a meeting held in Chennai today. The strike has been called to oppose banking reforms such as privatisation of banks, merger of public sector banks and allowing more FDI in banks with full voting rights and to demand expeditious i mplementation of the agreement signed between the Indian Banks’ Association and UFBU on pension option, wage revision, compassionate appointments and other issues, said the release. Apart from the two-day strikes, the unions are planning programmes like demonstrations, badge wearing and mass rallies from September 1. Seminars, conventions and other campaign programmes will be held during October.

— Our Bureau

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