Bank strike Day 2: These banks to remain shut today; check what services will remain hit
During the first day of the bank strike, services such as cash withdrawals, deposits, cheque clearing, and business transactions remained impacted across the country
BusinessToday.In | March 16, 2021 | Updated 09:37 IST
Bank employees participate in a protest during a 2-day nationwide bank strike against proposed privatisation of Public Sector banks and retrograde reforms
Banking services on Tuesday, March 16, will also remain affected as bank unions and employees continue to protest as part of a two-day national strike called by the United Forum of Bank Unions (UFBU), an umbrella body of nine bank unions.
Highlights
Strike against proposed privatisation of banks.
Further strikes will be decided looking at developments.
New Delhi: The two-day Nationwide bank strike continued on Tuesday leading to a lot of inconvenience being faced by customers on services such as cash withdrawals, deposits, cheque clearances, remittance services.
However, branches of private sector lenders like ICICI Bank, HDFC Bank and Axis Bank are open as they are not part of the strike. Government transactions related to treasury as well as business transactions will also be impacted, news agency PTI has reported.
The 2-day bank strike has been called by nine unions of public sector banks (PSBs) in the country, opposing government s policy to privatise the lenders.
The two-day nationwide strike of bank employees and officers, which started on March 15, has been called by the United Forum of Bank Unions (UFBU), an umbrella body of nine unions, to protest against the government s decision to privatise two more state-run banks.
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Sitharaman Allays Concerns Of Bank Employees, Assures not All Banks Will Be Privatised
Nine unions of Public Sector Banks (PSBs) called for a two-day strike across the country against the government s policy to privatise the lenders.
Issuing a response to the ongoing strike by bank employees, Union Finance Minister Nirmala Sitharaman on Tuesday assured that not all banks will be privatized. Asserting that the interests of bank workers will be protected, the Finance Minister allayed concerns of bank workers by stating that their salaries and pension will be taken care of . Nine unions of Public Sector Banks (PSBs) called for a two-day strike across the country against the government s policy to privatise the lenders.