Morung Express News
Dimapur | March 13
Banks in Nagaland will shut down for two days in line with the 2-day country-wide strike called by the United Forum of Bank Unions (UFBU) on March 15 and 16. State secretary of the All India Bank Officers’ Confederation, TAP Paul, informed that all banks in Nagaland, including private sector banks, will cease work on March 15 and 16 under the banner of the Nagaland state unit of the UFBU.
Paul, who is also President of the All India State Bank Officers Association, NE circle, added that bankers will rally at three different centres- SBI Regional Business Office (RBO) in Dimapur, SBI RBO in Mokokchung and SBI Kohima main branch on the assigned dates.
The UFBO has been protesting against the proposal to privatise Public Sector Banks (PSB), while demanding strengthening of Public Sector Banks.
Paul maintained that privatising Public Sector Banks will negatively impact banking in the country, particularly in terms of coverage.
While citing the instance of PSBs having branches even in the remotest of places, he said that PSBs will go where no private bank would go.
Apologising to the customers for the inconvenience and the impact it would have on business, he added, “The (striking) employees will forego two days salary as a result. We are doing (protesting) this for the good of the common people.”
