The nationwide strike against the move to privatise public sector banks and “retrograde” reforms continued for the second day on Tuesday.
The strike was called by the United Forum of Bank Unions, an umbrella body of nine bank unions. This will lead to a four-day break in regular operations as banks were already closed on Saturday and Sunday. Around half a lakh employees of public sector banks, old generation private sector and foreign banks did not attend work on Tuesday, according to PTI.
The unions have warned that they are prepared to continue the agitation for a longer period, like the the largest farmers’ protest in India in three decades, the Hindustan Times reported. Thousands of farmers have camped outside Delhi since December, demanding that Prime Minister Narendra Modi repeal the three farm laws that open up the country’s agriculture markets to private companies.
Private banks, like HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank and IndusInd Bank…