Public sector bank employees on two-day strike from today


Ahmedabad, 21 August 2012

A section of the public sector banking employees will go on two-day all-India strike from tomorrow to protest against financial sector reforms and outsourcing of jobs. Private sector banks and ATMs, however, will continue to work, Indian Banks Association (IBA) said, adding the impact of the two-day strike will be minimal on consumers. The officers and other executive staff will keep branches running and ensure minimal impact of the strike.

The United Forum of Bank Unions (UFBU), an umbrella organization of nine unions of employees and officers of PSU banks is protesting against banking sector reforms and unilateral implementation of the Khandelwal committee report on human resources management in PSU banks.