New Delhi: The banking sector in the country will be paralyzed for four days from today. Today is the second Saturday and tomorrow is Sunday, which is a bank holiday. The strike, called by the United Forum of Bank Unions (UFBU) against the central government’s decision to privatize public sector banks, will be held on May 15 and 16.
One million employees and officers across the country will join the strike on May 15, 16 against the move to privatize public sector banks. The banking sector will come to a complete standstill during the 48-hour nationwide strike. Public sector, private, foreign, and rural banks will fully participate in the strike called by the National Unity Forum of the nine bank unions. Ahead of the strike, workers wearing masks marched on banks yesterday. Apart from district and town level dharnas, rallies were also held at various centers. Public sector privatization day will be observed on the 15th.