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.
Updated: Friday, March 12, 2021, 16:04 [IST]
New Delhi, Mar 12: To protest against the Centre s plan to privatise the public sector banks, employees of India s banks are set to go on strike next week.
Nearly 10 lakh employees of the public sector banks and old generation private banks will go on strike on March 15 and 16.
In her budget speech, Finance Minister, Nirmala Sitharaman announced the privatisation of public sector banks as part of the government s disinvestment drive to generate Rs 1.75 lakh crore.
Prior to the strike on March 15 and 16, the bass are scheduled to be closed on March 13-second Saturday and Sunday. This would mean that the banking services will be impacted for four days.