Two-day nationwide bank strike starts in India
Employees of public sector banks in India went on a two-day nationwide strike on Wednesday, affecting services. Unions are opposing banking sector reforms and outsourcing of non-core activities, NDTV said. Several private sector banks and foreign banks reportedly continued to operate normally. The United Forum of Bank Unions (UFBU) said it had called the strike against the government's “policies of liberalization, privatization and globalization.” Bank unions have also been demanding pension and housing loan revision and a five-day working week.
Employees of public sector banks in India went on a two-day nationwide strike on Wednesday, affecting services. Unions are opposing banking sector reforms and outsourcing of non-core activities, NDTV said. Several private sector banks and foreign banks reportedly continued to operate normally. The United Forum of Bank Unions (UFBU) said it had called the strike against the government's “policies of liberalization, privatization and globalization.” Bank unions have also been demanding pension and housing loan revision and a five-day working week.