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New Delhi: Bank employees raise slogans during a protest in support of the two-day nationwide strike, called by United Forum of Bank Unions (UFBU), against the proposed privatisation of two state-owned lenders, at Jantar Mantar in New Delhi, Monday, March 15, 2021.
The two-day nationwide strike called by the United Forum of Bank Union in protest against privatisation of the government banks began on Monday. The leader of a major union claimed total success impacting the clearance of two crore cheques/instruments worth about Rs 16,500 crore. On an average, about 2 crore cheques/instruments worth about Rs 16,500 crore are held up for clearance. Government treasury operations and all normal banking transactions have been affected, C.H. Venkatachalam, General Secretary, All India Bank Employees Association (AIBEA) said.
Nationwide strike impacts banking services: Highlights
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Nationwide strike impacts banking services: Highlights
TIMESOFINDIA.COM / Updated: Mar 15, 2021, 15:26 IST
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The bank unions are protesting against the privatisation of two public sector banks.
NEW DELHI: Nine bank unions under the banner of the United Forum of Bank Union (UFBU) on Monday started a nationwide two-day strike against the privatisation of public sector banks and retrograde banking reforms. As many as 10 lakh bank employees are expected to participate in the strike.
Banks were already closed on March 13 (second Saturday) and March 14 (Sunday), leading to a four-day break till Tuesday in regular banking operations.
India Business News: Nine bank unions on Monday started a nationwide two-day strike against the privatisation of public sector banks and retrograde banking reforms. As man