In the upcoming month of March, one must face disturbance in the banking issues wondering why? The reason behind this will be a strike conducted by the government bank services for two days. The Banks Public Sector Banks are planning for two-day strikes on March 15 and 16 against the recommended privatization of banks. On Tuesday, during a meeting in Hyderabad, the United Forum of Bank Unions have also decided to conduct a day-long 'Dharna' (protest) in all state capitals on February 19 followed by relay 'dharnas' from February 20 to March 10 in all states, districts, and towns.
Banks have decided to go on a 2-day strike that will be March 15 (Monday) and March 16 (Tuesday), and before that march 13 is a second Saturday which is the holiday of the bank, and March 14 is Sunday. This will lead the bank to close for consecutive four days. An assertion by the All-India Bank Employees' Association said that the gathering talked about the different declarations made in the spending plan with respect to change measures including privatization of IDBI Bank and two public area banks and setting up of the terrible bank.
It added that further strikes will be chosen taking a gander at improvements. Further, the gathering observed the proceeding with disturbance by the ranchers against the homestead laws authorized by the public authority communicated its fortitude with their battle, it said. According to media reports, the financial administrations may be influenced for four days in March. The purpose for this advancement is that administration bank workers have reported they may notice two days strike against the privatization of public area banks (PSBs). This may prompt the conclusion of banks for four days in March, said the report.
There is a feeling of dread among workers as any little or enormous bank can be important for this current government's privatization drive. Also, for this reason, associations of 9 banks have accepted a call to take to the streets fighting the move.
Individuals from UFBU incorporate All India Bank Employees Association, National Confederation of Bank Employees, All India Bank Officers' Association, All India Bank Officers' Confederation, and Bank Employees Confederation of India. Others are the Indian National Bank Employees Federation, Indian National Bank Officers Congress, National Organization of Bank Workers, and National Organization of Bank Officers.