Comments
The United Forum of Banking Unions (UBFU), representing employees of public and private sector banks, has decided to observe a one-day nationwide strike on December 18.
The UBFU is demanding a wage revision and is protesting against the proposed banking reforms – that seeks to grant licences to foreign banks.
According to the Unions, the entry of foreign banks will make the sector unviable thereby paving way for takeovers.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.