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RRB Employees Across India Stage Black Badge Protest Against IPO Move
Employees of Regional Rural Banks across India staged black badge protests on July 21, opposing the IPO move and warning against privatisation of rural banking.

Author: Saurav Kumar
Published: 16 hours ago
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In a powerful show of unity, employees of Regional Rural Banks (RRBs) across India wore black badges and ribbons on July 21, 2025, protesting against the Government of India’s proposal for Initial Public Offerings (IPOs) in RRBs. The protest, called jointly by apex unions — AIRRBEA, AIRRBOF, and others — witnessed participation from every region of the country, reflecting deepening concern over potential privatisation moves that could alter the rural banking mandate.
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Strong Protest in the North and North East
Hundreds of employees of Jammu and Kashmir Grameen Bank sprung into black badge protest expressing their discontent against the announcement of IPO in RRBs. According to an employee, all branches including administrative offices such as Regional Offices as well as departments at head office took part in it making it a successful event.
Image: Employees of Jammu and Kashmir Grameen Bank participating in black badge protest against IPO
In Uttarakhand, employees of Uttarakhand Gramin Bank protested against the RRB IPO with active participation. AIRRBEA affiliated Uttarakhand Gramin Bank Karamchari Sangh played a pivotal role in the protest across 100 branches demanding reversal of the IPO move.
Image: Uttarakhand Grami Bank employees during black badge protest
Employees of Mizoram Rural Bank, Nagaland Rural Bank, and Assam Gramin Vikash Bank in the north-eastern region of India observed the black badge protest at their respective branches and regional offices.
In Assam, large groups of Assam Gramin Vikash Bank employees across various branches expressed solidarity with the national call. Staff gathered in office premises, visibly donning black badges to mark their dissent.
Image: Black badge protest by RRB staff of Assam Gramin Vikash Bank
Meghalaya Rural Bank staff also joined the protest, as seen in Shillong, where both officers and staff staged a collective demonstration inside the bank premises.
Image: Protest at Head Office of Nagaland Rural Bank
Eastern Region: United Stand from Bihar, Jharkhand, Odisha and Uttar Pradesh
In the eastern states, staff of Bihar Gramin Bank under AIBEA-affiliated unions staged coordinated protests at regional offices, including the Ara Regional Office.
Image: Bihar Gramin Bank employees displaying the black badge protest at Ara Regional office
Jharkhand Rajya Gramin Bank (JRGB) employees too joined the action, voicing concern over the IPO proposal and its possible repercussions on rural service delivery. As per JRGB sources, the protest happened in 450 branches of the state.
Image: Jharkhand Rajya Gramin Bank employees on protest across the state
From Odisha, Odisha Grameen Bank (OGB) employees across branches wore black badges in silent protest, echoing the concerns of their counterparts in other parts of India.
Image: Black badge protest at Sonepur branch of Odisha Grameen Bank
The protest received an overwhelming participation by employees of Uttar Pradesh Gramin Bank (UPGB) displaying their opposition against the IPO move. The participation witnessed all-round participation from unions affiliated to AIRRBEA and AIRRBOF in Uttar Pradesh Gramin Bank.
Image: UPGB employees during black badge protest
Image: Members of AIRRBOF affiliated Uttar Pradesh Gramin Officers’ Federation
Southern States: Massive Response in Karnataka, Telangana, Andhra Pradesh, Tamil Nadu and Kerala
Karnataka Grameena Bank employees, affiliated with both AIRRBEA and AIRRBOF, observed the black badge protest at various branches and offices, including a large gathering at the Project Office, Bangalore.
Image: Karnataka Grameena Bank Bank employees during the black badge protest
In Telangana and Andhra Pradesh, staff of Telangana Grameena Bank (TGB) and Andhra Pradesh Grameena Bank (APGB) marked their participation with branch-level and office-level observances, reflecting their alignment with the united national movement.
Image: Black badge protest at Telangana Grameena Bank and Andhra Pradesh Grameena Bank
In Kerala, Kerala Gramin Bank employees also stood in protest, underlining their resolve against the IPO move.
Image: Employees of Kerala Gramin Bank displaying black badge protesting against IPO in RRBs
Similar response of resistance against IPO was seen across branches of Tamil Nadu Gramya Bank (TNGB) wherein staff were seen wearing black badges.
Image: TNGB employees participating in black badge protest
A Common Call Against IPO and Privatisation
The black badge protest comes amid fears that the IPO initiative will dilute government control over RRBs and allow corporate interests to influence rural banking operations. Unions have consistently argued that such moves would compromise the banks’ public service mandate and shift focus toward profit-making objectives.
Visuals of Unity
Images shared from across India showed groups of employees — from metro city project offices to remote branch locations — united in a common cause. Whether in small groups of two or large gatherings of staff, the symbolic black badge spoke volumes of their apprehension about the future of RRBs. This protest marks a significant step in the escalating agitation plan of RRB unions resisting changes in character of RRBs.
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