On Thursday, a two-day statewide bank strike began throughout India in protest of the federal government s decision to privatise two public sector banks.
Nearly nine lakh employees and officers from various public sector banks (PSBs), old generation private sector banks and regional rural banks will participate in the strike.
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Employees of state-run banks are set to go on a two-day nationwide strike starting Thursday. This strike could impact banking operations, say public sector lenders.
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.
Bank strike Day 2: PSB bank services hit, unions warn may go on like farm stir
India
Published: Tuesday, March 16, 2021, 10:58 [IST]
New Delhi, Mar 16: Bank strike continued for day-two on Tuesday, led by nine unions of public sector banks (PSBs) in the country, opposing government s policy to privatise the lenders.
Customers will be inconvenienced to get services such as cash withdrawals, deposits, cheque clearances, remittance services. Government transactions related to treasury as well as business transactions will also be impacted.
United Forum of Bank Unions (UFBU), an umbrella body of nine unions, had given a strike call for March 15 and 16.
Members of UFBU include All India Bank Employees Association (AIBEA), All India Bank Officers Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers Association (AIBOA) and Bank Employees Confederation of India (BEFI).