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Key Services Hit As 2-Day Nationwide Bank Strike Begins: 10 Points The strike comes after Union Finance Minister Nirmala Sitharaman had in the Budget announced the privatisation of two public sector banks as part of the government s disinvestment drive to generate Rs 1.75 lakh crore. Updated: March 15, 2021 1:33 pm IST All India Bank Strike: ATMs are likely to remain functional across the country New Delhi: Key banking operations across the country were impacted today as nine unions called for a two-day nationwide strike against the proposed privatisation of Public Sector Banks and retrograde banking reforms . As many as 10 lakh bank employees are expected to participate in the strike called by the United Forum of Bank Unions (UFBU), an umbrella body of nine bank unions. Banks across the country were shut on Saturday and Sunday - and will not open today or tomorrow due to the strike - leading to a four-day halt of services.

Nirmala sitharamanAxis bankInsurance companiesNational organisation of bank officersCentral bankPoints all india bank strikeNational organisation of bank workersBank employees confederation of indiaNational confederation of bank employeesIndian national bank officers congressLife insurance corporationIndia bank employees associationKey services hitIndian national bank employees federationAir indiaDay nationwide bank strike