Nationwide Bank Strike On July 29,


A one-day bank strike has been called by United Forum of Bank Unions, which consists of nine unions representing about 10 lakh bank employees.

The bankers would go on a strike on July 29 opposing the “anti-people” banking reform policies of the government, said CH Venkatachalam, general secretary of All India Bank Employees Association.

Mr Venkatachalam said that the unions oppose the privatisation of public sector banks and increase in private capital in such banks.

Besides, the unions oppose move to privatise regional rural banks, co-operative banks, merger of banks, among others, he added.

Earlier, a two-day strike on July 12-13, which was called by a section of the PSU bank employees, was deferred after a restraint order from Delhi High Court.

The PSU bank employees had opposed the merger of SBI associates and privatisation of IDBI Bank. The High Court will hear the matter on July 20.

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