New Delhi: Bank officers will join the mass movement to be launched by the central
trade unions on March 13 against the government's ''oppressive'' economic reforms
including privatisation of banks, Union Leaders announced on February 15.
''We have decided to oppose any oppressive move towards privatisation of banks or
forcible transfers of union leaders and would be joining the mass movement called
for March 13 and a possible bank strike in April,'' General Secretary of All India
Bank Officers Confederation (AIBOC) Shantha Raju said.
Raju told reporters after a marathon meeting of AIBOC, which comprises two-third's
of the officers in public sector, private and cooperative banks, said the bank union
will not tolerate the "dictates of the World Bank and IMF under whose instructions
the bank management is acting''.
Raju said the bank officers were also concerned about the implementation of their
new round of wage proposals which, he said, could be held back or cut ''on the
pretext of the banks not making profits''.
The newly elected president of AIBOC, K D Khera, said the unions also opposed the
tax on perks for the bank officers proposed by the government which for the time
being had been stayed by a high court ruling.
PTI