Wednesday, December 16, 2009

Bank employees to go for strike today

Bank employees are planning to go on strike on December 16 during the Parliament Session against banking sector reforms such as privatisation of public sector banks (PSBs) and closure and merger of associate banks/other PSBs with State Bank of India.

It is not for the first time that bank employees are going for such a move in the country, they have always opposed privatization and the government has heeded their demands and has always gone slow in the privatization efforts.

All India Bank Employees Association and the All India Bank Officers Association, which called for the strike, said bank employees and officers in public sector banks, private banks and foreign banks will observe an all-India strike on December 16