Archive · 9 Aug 2025
IDBI Bank Unions Protest Privatization Plans
The employees of IDBI Bank are very unhappy about the idea of the government selling the bank to a private company.
They held a protest in Mumbai and are asking the government not to do it.
They're worried about foreign companies taking over.
They're also planning a strike in the future to show how strongly they feel.
They want the bank to stay under government control.
IDBI Bank unions are protesting against the privatization of the bank.
The United Forum of IDBI Officers & Employees organized a protest in Mumbai.
The Forum appealed to the Prime Minister and Finance Minister to maintain IDBI Bank's public sector status.
Protests include a 'Chale Jao' demonstration against the privatization plan.
A strike is planned for August 11, 2025, in support of the unions' demands.
- Who
- The United Forum of IDBI Officers & Employees.
- What
- IDBI Bank employees are protesting against the bank's privatization.
- When
- The protest was organized on Saturday; strike planned for August 11, 2025.
- Where
- Mumbai, at Azad Maidan.
- Why
- To oppose the privatization of IDBI Bank and maintain its public sector character.
IDBI Bank Unions
Government/Prospective Buyers
Privatization
IDBI Bank Unions
Oppose privatization of IDBI Bank; want to maintain public sector character.
Government/Prospective Buyers
N/A
- Protesting Group
- United Forum of IDBI Officers & Employees
- Location
- Mumbai
- Event
- Protest against Privatization
- Target
- IDBI Bank Privatization
- Stakeholders
- Government, Unions
- Date
- Published on August 9, 2025
