The two-day pan-India bank strike ended on Tuesday, with the disruption in services including cash withdrawals, deposits, loan disbursements and cheque clearances hitting customers hard across Maharashtra. Around 50,000 members belonging to various bank unions, under the joint platform of the United Forum of Bank Unions (UFBU), stayed away from work during the strike on March 15-16 across the state, union leaders claimed. The forum was protesting privatisation of two more government-owned banks, as announced in the Union Budget for fiscal 2021-22. Today (Tuesday) also, as per reports from our unions in various states, the strike has been successful. Overwhelming majority of the bank branches remain closed, All India Bank Employees Association (AIBEA) General Secretary C H Venkatachalam said in a statement.
Banks remain shut on the second day, in the wake of a two-day nationwide strike. (Photo/ANI)
Strike called by UFBU enters Day 2, banks remain shut in Mumbai, Panchkula, Siliguri ANI | Updated: Mar 16, 2021 12:35 IST
Mumbai, Panchkula, Siliguri (Maharashtra, Haryana, West Bengal) [India], March 16 (ANI): Bank employees continued with their nationwide strike on Tuesday, for the second day, following the call of the United Forum of Bank Unions (UFBU). Like all other parts of the country, it has impacted services and operations in Mumbai, Panchkula and Siliguri.
The strike called by the UFBU against privatisation of Public Sector Banks and retrograde banking reforms .
Updated:
Movement should be turned into people’s agitation: CPI
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Cash crunch: ATMs at many places sport ‘not working’ and ‘under maintenance’ boards in Visakhapatnam.
| Photo Credit:
K.R. Deepak
Movement should be turned into people’s agitation: CPI
The ATMs of Public Sector Banks (PSBs) displayed ‘not working’ and ‘under maintenance’ boards as the machines obviously ran out of cash as the strike by employees of the PSBs continued for the second day on Tuesday.
Though the bank unions have given the strike call for the two-day strike on Monday and Tuesday, the preceding two days on Second Saturday and Sunday being bank holidays seemed to have had a double impact on the flow of cash. Bank employees staged a protest outside the UCO Bank branch at Dwaraka Nagar against the decision of the Central government to privatise PSBs.
Highlights
They protested against the privatisation of state-run banks
Sudhir Chaudhary explains reason behind strike and privatisation
New Delhi: Bank employees observed a two-day nationwide strike that ended on Tuesday (March 16). The primary reason behind the strike was the government s bid to privatise state-run banks.
The strike was called by the United Forum of Bank Unions (UFBU), consisting of nine bank unions AIBEA, AIBOC, NCBE, AIBOA, BEFI, INBEF, INBOC, NOBW and NOBO.
Zee News Editor-in-Chief Sudhir Chaudhary on Tuesday analysed the reason behind the bank employees opposition to privatisation and also explained why the government intends to push it.
About 10 lakh bank employees across the country went on strike and a large number of them wrote to Zee News to be their voice. It is the duty of the media to give these voices a platform.