write news report on 'bank workers observe one day strike'
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Public and private sector bank employees have decided to observe a day-long strike on July 29 to oppose the "anti-people" banking reform policies of the Centre, AIBEA said today.
The United Forum of Bank Unions (UFBU) consisting of nine trade unions across the country representing 10 lakh bank employees and officers would observe the strike.
They are pressing for various demands including not to privatise public sector banks and increase private capital in such banks, and also protesting against FDI in banking sector.
Besides, the unions oppose move to privatise regional rural banks, co-operative banks, consolidate and merging banks among others, All India Bank Employees Association (AIBEA) General Secretary C H Venkatachalam said in a statement.
Bank workers across the country observed a one-day strike on Wednesday to protest against various issues including the privatization of public sector banks, the merger of banks, and the non-implementation of the recommendations of the parliamentary committee on the welfare of bank employees.
The strike, which was called by the United Forum of Bank Unions (UFBU), an umbrella organization of nine bank unions, affected the functioning of public sector banks, though some private sector banks continued to operate as usual.
Customers faced difficulties as the strike led to a delay in the clearance of cheques and other transactions. The UFBU has threatened to go on an indefinite strike if their demands are not met by the government.
The strike comes at a time when the banking sector is already facing challenges due to the ongoing pandemic and economic slowdown. The government has urged the bank unions to call off the strike and hold talks to resolve the issues.
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