UFBU: Services at banks like SBI, PNB and many others are to be affected in the view of a 2 days nationwide ban strike which is from 16th to 17th of December.
About the strike calls ban by UFBU:
It is due to the two-day ban strike across the nation which is being initiated by the United Forum of Bank Unions (UFBU), some of the services of banks like State Bank of India, Punjab National Bank and other lenders will be on halt.
Reason for the strike:
The ban strike is to protest against the decision proposed by the centre to privatise public sector banks, the bank officers and trade unions had started a campaign — ‘Bank Bachao, Desh Bachao’ at Jantar Mantar in New Delhi on December 1.
The rally on December 1:
The rally was led by the All India Bank Officers’ Confederation (AIBOC). Several other stakeholders and union members from various parts of the country took part in the protest.
The General Secretary of All India Bank Officers Confederation (AIBOC) told the PTI, “Privatising PSBs will hurt the priority sectors of the economy and also credit flow to self-help groups and to the rural economy.”