IDBI Bank Strike on Friday to Oppose Privatisation Plans

Mumbai: A section of employees of public sector lender IDBI Bank will strike work on Friday to oppose the government's plan to privatise the troubled lender on the lines of Axis Bank. The employees are protesting under the banner of United Forum of IDBI Officers and Employees, which is supported by All India Bank Officers' Association. "The government, to achieve its disinvestment target of Rs 69,500 crore, is in the process of sel...