Strike cripples banking operations nationwide
March 15, 2021
Bank employees staging a protest in support of the two-day nationwide strike, called by United Forum of Bank Unions, in Hyderabad on Monday - RAMAKRISHNA G
Bank employees staging a protest in support of the two-day nationwide strike, called by United Forum of Bank Unions, in Hyderabad on Monday - RAMAKRISHNA G×
With no clearance of cheques, DDs and pay orders, firms fail to meet advance tax payment deadline
Thousands of customers faced disruption in banking services as employees of public sector banks (PSBs) took to the streets to demonstrate against the proposed privatisation of two PSBs.
New Delhi [India], March 14 (ANI): The United Forum of Bank Union (UFBU), an umbrella body of nine bank unions, has called for a two-day nationwide strike on March 15 and 16 against the privatisation of Public Sector Banks and retrograde banking reforms.
Two-day bank strike from THIS date: Services of SBI, other PSU banks may be hit - Banking unions have come together against the government's move to privatise PSU's as they feel that the move will lead to job losses.
Banks to close for four days from today, hereâs why
Banking services such as applying for loans, issue of demand drafts, opening a savings account are expected to be affected. File photo
Updated: Mar 13, 2021, 06:29 AM IST
If you are planning to visit the bank soon, your work will have to wait as banks across India will be closed for four consecutive days starting from Saturday (March 13) to Tuesday (March 16). March 13 is the second Saturday of the month and March 14 falls on a Sunday holiday.
Meanwhile, the United Forum of Bank Unions (UFBU) the apex body of nine organizations of bank employees, has announced a two-day nation-wide strike on March 15 and March 16 to protest against the proposed privatization of two public sector banks.
Banks unions call for two-day strike against proposed privatisation of PSBs
SECTIONS
Last Updated: Mar 12, 2021, 10:30 AM IST
Share
Synopsis
United Forum of Bank Unions (UFBU), an umbrella body of nine unions, has given a call for a two-day strike from March 15 to protest against the proposed privatisation of two state-owned lenders.
(Representative image)
United Forum of Bank Unions (UFBU), an umbrella body of nine unions, has given a call for a two-day strike from March 15 to protest against the proposed privatisation of two state-owned lenders.
In the Union Budget presented last month, finance minister Nirmala Sitharaman had announced the privatisation of two public sector banks (PSBs) as part of its disinvestment plan.