KARIMNAGAR, JULY 07, 2025: In view of nation-wide strike on July 9 by all trade unions including banks, insurance companies and others, the Karimnagar district cooperative central bank (KDCCB) has informed the customers to take note of this take up their business transaction if any on July 8 as the bank would be closed on July 9, 2025.
It may be recalled that the Telangana Cooperative Central Bank Employees Association has announced its decision to participate in the joint national strike called by the central trade unions and sectoral federations, scheduled to be held on July 9, 2025.
The nationwide strike was called in protest against the Union government’s decision the privatization and disinvestment in banks and LIC. The unions were also demanding that the government take up measures to strengthen public sector banks and insurance companies, and take up adequate recruitment in the banks. Opposing outsourcing and contract employment, they also sought the revival of the Old Pension Scheme.
Condemning the ‘pro-corporate’ and ‘anti-worker’ policies of the Union government, the trade unions speakers alleged that 29 labour laws were amended and four labour codes were brought out to the detriment of the workers. They said, if these labour codes were implemented, the workers would lose their right to strike, right to form a trade union and their primary right to bargain for a fair wage.
