AIIEA supports the two-days nationwide strike of bank employees and officers on 16-17 December 2021 and calls upon all its units to hold solidarity demonstrations in support of strike

Press Statement
The NPAs accumulated by the public sector banks are not due to the inefficiency of these banks but because of the benevolence of the government towards the wilful defaulters. It is unfortunate that plans are afoot to privatise the public sector banks and hand over these banks precisely to those corporate interests that are primarily responsible for the NPAs of public sector banks. The bank employees’ movement, under the banner of the UFBU, has rightly demanded adequate capitalisation of the banks, stringent laws to recover the bad loans from wilful defaulters and an immediate halt to the destructive policy of privatisation of public sector banks.

AIIEA Circular on 2-day bank strike
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