Archive · 18 Jan 2026
IDBI Bank Employees Seek Protection Amid Privatization
The IDBI Bank SC, ST and OBC Employees Forum has asked the President of India, the government, and the bank's management to protect the jobs and rights of thousands of SC/ST/OBC employees.
They are worried about the bank's possible privatization or merger, which could lead to job losses.
The forum wants these employees to be absorbed into other public sector banks or units with the same benefits and protections.
They also want a law to ensure that reservation protections continue for these employees even if the bank is privatized.
The forum believes that IDBI Bank has been an important part of inclusive banking and nation-building, and these employees represent the government's vision for equality and opportunity.
IDBI Bank SC, ST and OBC Employees Forum seeks protection of rights, careers, and dignity of employees amid privatization.
Memorandum submitted to President of India, Prime Minister, Union Finance Minister, and other key officials.
Forum requests absorption of employees into leading PSU banks/FIs or other public sector units.
Demands one-time switch-over option to other public sector banks with safeguards, including same service conditions and reservation protection.
Forum urges the Centre to consider a statutory framework or amendment to ensure reservation protection during privatization or disinvestment.
- Who
- IDBI Bank SC, ST and OBC Employees Forum
- What
- Request for protection of rights, careers, and dignity of SC/ST/OBC employees amid privatization
- When
- January 18, 2026
- Where
- India
- Why
- To safeguard jobs and ensure career prospects for SC/ST/OBC employees
- Organization
- IDBI Bank SC, ST and OBC Employees Forum
- Request
- Protection of rights, careers, and dignity of SC/ST/OBC employees
- Recipients
- President of India, Prime Minister, Union Finance Minister, RBI Governor, DIPAM Secretary, Union Minister of Social Justice and Empowerment, Chairpersons of National Commissions for SC, ST, and OBC
- Proposed Solution
- Absorption into leading PSU banks/FIs or other public sector units
- Key Demand
- One-time switch-over option to other public sector banks with safeguards
- Legal Request
- Statutory framework or amendment for reservation protection during privatization
- Bank's Role
- Pillar of inclusive banking and nation-building
- Date
- January 18, 2026