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Strike hits banking services in districts Updated: Updated: Share Article AAA The two-day nationwide strike called by the United Forum of Bank Unions, an umbrella organisation of bank employees and officers, to protest against the proposed privatisation of two public sector banks, affected banking services in the districts on Monday. In the Union Budget presented last month, Finance Minister Nirmala Sitharaman had announced the privatisation of two banks as part of Centre’s disinvestment proposal. The Unions had called for the strike to oppose the government’s move. In Erode, over 2,200 employees from 217 public sector branches participated in the strike affecting services such as deposits, withdrawals, cheque clearance and loan approvals. In many branches customers had to wait for long hours as only a few employees were present. Many branches wore a deserted look. Employees also staged a demonstration in the city condemning the proposal and wanted the Centre to drop th

Andhra pradeshNirmala sitharamanS hari raoIndian bank employees associationDistrict small scale industries associationUnited forum of bank unionsBank employees federation of indiaUnion budgetUnited forumBank unionsFinance minister nirmala sitharamanAutomated teller machinesErode district small scale industries associationSpecial correspondentBank employees federationBank strike in erode