UNITED Forum of Bank Unions (UFBU) has given the call for nation-wide two days strike in all the banks from December 16 to December 17, 2021, The call has been given to protest against the Government announcement in the Budget to privatise two public sector banks and to withdraw the Banking Law Amendment bill in the Parliament. In this background 14 major privatise banks were nationalised in 1969 and six more in 1980. State Bank of India, its subsidiary banks as well as the regional rural banks and the nationalised banks became the sheet anchor of naitonal economic development. Banks started reaching out to the common masses, bank branches started to be opened in rural areas and remote villages, precious savings of the people were mobilized and brought into banking system. Now the present Government is trying to privatise all banks by amending the Banking Laws.

 

Jaiwant Gurway, General Secretary of EMBEA and Treasurer of UFBU has appealed all the members of the public sector banks and RRBs to support the all India bank strike call given by 9 unions. Jaiwant Gurway said, all the members of the unions are requested to assemble in front of State Bank of India, Kingsway, Railway Station Road at 10.30 am on December 16 for demonstrations and meetings. He has also appealed to bank employees to make the strike a grand success. United Forum of Bank Unions (UFBU) is the apex trade union forum consisting of nine bank unions viz. All India Bank Employees Association (AIBEA), National Confederation of Bank Employees (NCBE), AIBOC, AIBOA, BEFI, INBEF, INBOC, representing nearly one millions bank employees and officers working in the various banks.