Bank unions call for two-day nationwide bank strike on Dec 16-17

The United Forum of Bank Unions (UFBU) has given a two-day nationwide strike call for banks on December 16-17 in opposition to the proposed privatisation of two public sector banks (PSBs).

The government is widely expected to introduce a Bill, the Banking Laws (amendment) Bill in the Parliament’s ongoing winter session to pave the way for the privatisation of two public sector banks.