Archive · 18 Jul 2026
IDBI Bank Employees to Strike Against Privatisation
IDBI Bank employees are planning to go on a hunger strike on July 27, 2026, to protest the government's plan to privatise the bank.
They are worried about their jobs, pensions, and the future of the bank's social initiatives.
The bank has been doing well financially and helps many people with savings and insurance schemes.
The employees think privatisation will make the bank focus more on profits and less on helping society.
They are asking political leaders and concerned citizens to help stop the privatisation.
IDBI Bank employees to go on a nationwide hunger strike on July 27, 2026, against the bank's proposed privatisation.
Employees express concerns over job security, social benefits, and the future of 884 differently-abled staff.
Privatisation may remove the bank from statutory oversight mechanisms, reducing transparency and public accountability.
IDBI Bank serves over 2 crore customers, manages significant deposits, and runs key social security and financial inclusion initiatives.
Employees fear privatisation will shift the bank's focus from social banking to profit-driven objectives, undermining its developmental role.
- Who
- IDBI Bank employees and officers
- What
- Nationwide hunger strike against privatisation
- When
- July 27, 2026
- Where
- All branches of IDBI Bank across India
- Why
- To protest the proposed privatisation of IDBI Bank, citing concerns over job security, social benefits, and the bank's developmental role
- Strike Date
- July 27, 2026
- Employees
- 3,070 SC, 1,214 ST, 5,604 OBC, 805 EWS, 884 differently-abled
- Customers
- Over 2 crore
- Branches
- 2,193
- Deposit Base
- ₹3.47 lakh crore
- Low-Cost Deposits
- ₹1.55 lakh crore
- Real Estate Assets
- ₹30,000 crore (estimated)
