Bank unions protest privatisation; plan to march towards Parliament in March

New Delhi: Opposing government's privatisation plans, bank unions on Friday staged protest in all the state capitals and plan to march towards Parliament next month if their demands are not met, All India Bank Employees' Association (AIBEA) said.

Union Finance Minister Nirmala Sitharaman during her Budget speech earlier this month announced plans to privatise two public sector banks.

About 10 lakh bank employees and officers under the banner of United Forum of Unions consisting of nine unions AIBEA, AIBOC, NCBE, AIBOA, BEFI, INBEF, INBOC, NOBW, NOBO are agitating against government's proposal, AIBEA said in a statement.

The bank unions, after Friday's dharna, will stage protests across the country in the next 15 days. "On 10th March, we will hold a protest demonstration before Parliament during the Budget session," AIBEA said.