AGARTALA, March 14 (TIWN): Bank Unions announced Bank Strike on March 15, 16. In Tripura also, Strike will be observed in protest against privatization.

The United Forum of Bank Unions (UFBU), an umbrella body of nine unions, in a press conference today, released a statement opposing the announcements by Finance Minister Nirmala Sitharaman in the Budget 2021-22 and said the unions would go on a two-day strike on March 15 and 16 opposing privatisation. 

According to the unions, instead of further strengthening public sector banks, the present policies are aimed at weaken these, by starving them of the required capital, human resources, through disinvestment and proposed privatisation. The unions said weakening public sector banks was unwarranted, unjustified and regressive step.