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Stock Market News; 9 Bank Unions Call For Strike On Tuesday

The United Forum of Bank Unions (UFBU), an umbrella body of nine unions in the sector, has called a one-day strike on February 28 to protest the government's "anti-people banking reforms" as well as to demand compensation for employees for extra work done on account of demonetisation. 

United Forum of Bank Unions, comprising nine unions in the banking sector namely AIBEA, AIBOC, NCBE, AIBOA, BEFI, INBEF, INBOC, NOBW and NOBO bank employees and officers in all public sector banks, including SBI, all old-generation private banks, foreign banks, Regional Rural Banks and Cooperative Banks will observe one-day strike on February 28," All India Bank Employees Association (AIBEA) General Secretary C.H. Venkatachalam said in a statement here.

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