IDBI Bank Strike on 11 August 2025! IDBI Bank Branches will be closed all across India
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The Employees and officers of IDBI Bank have announced a nationwide strike on August 11, 2025 (Monday) to protest against the proposed sale of the bank to private or foreign companies. The strike is being organized by the United Forum of IDBI Officers and Employees (UFOIE), which includes the All India IDBI Officers’ Association (AIIDBIOA) and the All India Industrial Development Bank Employees Association (AIIDBEA).
As per reports, IDBI Bank Privatisation will be completed by December this year. The forum has been opposing the privatization of IDBI Bank since September 2015, stating that such a move would harm the interests of depositors, small farmers, MSME borrowers, self-help groups, students, and over 20,000 employees of the bank.
In a joint statement, the employee unions urged the government to stop the proposed sale and highlighted the bank’s strong financial performance over the past five years. IDBI Bank has reported steady profits:
- ₹1,359 crore in 2020-21
- ₹2,439 crore in 2021-22
- ₹3,645 crore in 2022-23
- ₹5,634 crore in 2023-24
- ₹7,515 crore in 2024-25
The unions attribute this success to the hard work and commitment of the employees and believe that privatization would undermine these achievements.
Key Demands of the Strike by IDBI Bank Employees:
- Stop the sale of IDBI Bank to private or foreign entities by the Government of India and LIC of India.
- Recruitment of 5,000 clerks in IDBI Bank.
- Ending toxic work culture in the bank
- Introducing a bilateral transfer policy for officers
- Issuing circulars on branch categorization
- Providing proper furniture facilities for officers
The employee associations have urged all IDBI Bank staff to participate in the strike on August 11 with full conviction.
Also Read: Who is Responsible for the Downfall of IDBI Bank?
