The protest is against the Government’s proposal to merge public sector banks. They are also against the merger of Associate Banks with State Bank of India (SBI).
The All India Bank Employees Association (AIBEA) and the Bank Employees Federation of India have called for an all-India bank strike on September 25 to protest against the Government’s proposal to effect mergers among public sector banks. They are also against the merger of Associate Banks with State Bank of India (SBI).
The All India Bank Employees Association (AIBEA) and the Bank Employees Federation of India have called for an all-India bank strike on September 25 to protest against the Government’s proposal to effect mergers among public sector banks. They are also against the merger of Associate Banks with State Bank of India (SBI).
“More and more branches have to be opened by all all banks to reach the people. But the Government’s policy is misdirected. It wants to consolidate the public sector banks while the need is to expand them,” opined the bank staff unions. Criticising the proposed handing over of licences to big industrial and business houses to launch banking operations, the unions said pre-nationalisation, all banks were in private hands and their track-record was only well known to the country.
It is likely that the banks strike will materialise on 25th September.
No comments:
Post a Comment