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Updated Mar 15, 2021 · 06:38 pm Bank employees in New Delhi shout slogans during a protest on Monday in support of the two-day nationwide strike against the proposed privatisation. | PTI
Nine bank unions on Monday started a nationwide two-day strike against the move to privatise public sector banks and “retrograde” reforms, PTI reported. As many as 10 lakh bank employees and officers were expected to take part in the protest.
The United Forum of Bank Union, an umbrella body of nine bank unions, had called for the strike. This will lead to a four-day break in regular operations as banks were already closed on Saturday and Sunday. Services such as deposits and withdrawal at branches, cheque clearance and loan approvals might be affected due to the strike. But ATMs are likely to function as usual.
2-Day Nationwide Bank Strike From Today, Key Services Hit 2-Day Nationwide Bank Strike From Today, Key Services Hit Services such as deposits and withdrawal at branches, cheque clearance, and loan approvals would be affected due to the strike. However, ATMs are likely to remain functional.
Over 10 lakh bank employees and officers will participate in the strike. (Representational)
New Delhi:
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.
Over 10 lakh bank employees and officers will participate in the strike.
Bank strike today: Cheque clearance affected
India
Published: Monday, March 15, 2021, 12:04 [IST]
New Delhi, Mar 15: Banking operations including cheque clearance across the country got affected on Monday as bankers under the aegis of the United Forum of Bank Unions (UFBU) have gone on a nationwide strike to protest against the proposed privatisation of two state-owned lenders.
UFBU, an umbrella body of nine unions, had given a strike call for March 15 and 16, and claimed that about 10 lakh bank employees and officers of the banks will participate in the strike.
However, branches of private sector lenders like ICICI Bank, HDFC Bank and Axis Bank are open as they are not part of the strike.
New Delhi, March 15
Banking services such as cash withdrawals, deposits, cheque clearing and business transactions were impacted across the country on Monday, the day one of the PSU bank union's stri