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PSB Strike: Government Bank Employees On 2-Day Strike Ends, Services Affected Across India

Services like deposits and withdrawal at branches, cheque clearance and loan approvals remained paralysed due to the two-day strike. ATMs at different parts of the country went dry on the second day. ....

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Not all banks will be privatised, says Sitharaman as over 10 lakh employees continue strike

Not all banks will be privatised, says Sitharaman as over 10 lakh employees continue strike
The Union finance minister said the central government will ensure that the interests of every banking employee was ‘absolutely protected’.
Updated Mar 16, 2021 · 07:32 pm
A file photo of Union Finance Minister Nirmala Sitharaman.
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PTI
Union Finance Minister Nirmala Sitharaman on Tuesday tried to assuage the fears of bank employees, who have launched a countrywide stir against the Centre’s policies. The minister assured them that not all state-owned banks will be privatised under the central government’s disinvestment plan.
Addressing a Cabinet briefing, Sitharaman said that the public sector enterprise policy “very clearly” stated that the Centre will continue operating public sector banks. “So, just to quickly say that all private banks will be sold off, is not right,” the finance minister said. ....

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