Banks remain closed on 2nd day of strike

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On the second day of the two-strike called by United Forum of Bank Unions (UFBU) on Tuesday against the Central Government’s decision to privatise the public sector banks (PSBs) all the members of the United Forum of Bank Unions participated in this strike and all nationalised banks’ branches were closed.

In this regard, protests were organised in front of the Central Bank of India (CBI), Regional Office, Ranchi. In which a large number of members of the organization shouted slogans against the Central Government’s decision. The gathering was led by Tapan Lala, Amit Kumar, Shravan Kumar, Manish Kumar, Pankaj Kumar Sinha, Praksh Rai, Ravi Bhushan, Ashwani Sinha, DC Mishra, Preeti, Jaiyta De, Sweta Bag, Abhilasha, Neetu Lakra and others.

Protesting against the decision of the Central Government, the members of the union made people aware of the losses from privatization of public sector banks. They informed that due to privatization, the economy of the country, especially the rural, and the public’s accumulated capital will not remain safe. At the same time, the union demanded to immediately withdraw the privatization declaration of public sector banks.

All India Bank Employees’ Association (AIBEA), All India Bank Officers’ Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers’ Association (AIBOA), Bank Employees Federation of India (BEFI), Indian National Bank Employees Federation (INBEF), Indian National Bank Officers’ Congress (INBOC), National Organisation of Bank Workers (NOBW), National Organisation of Bank Officers (NOBO) are among the bank unions that have given a call for strike against the proposed privatisation of two nationalised bank by the Government.

UFBU Jharkhand Convener ML Singh said that the Union called the strike against the conspiracy hatched by the Central Government to sell public assets to the corporate houses through private lending. While the harsh truth is that over the years, the operating profit of the banks has been steadily increasing, preparations are being made by the Government to ignore it and hand it over to its businessmen friends, he added.

“It is well known that after the nationalisation of the banks, more than 25 private sector banks failed and they were merged with the public sector banks to save the public capital and to protect the service of the workers. “Not only this, everyone is aware of the poor situation of ICICI Bank, Yes Bank and PMC Bank. On the other hand, the public sector banks have played the important role in the development of the. We have a clear understanding that the capital of the general public should be for the development of the general public and not for the plunder of the corporate,” said Singh.

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