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One million Indian bank employees join two-day national strike against privatisation

One million Indian bank employees join two-day national strike against privatisation
About one million public sector bank workers joined a two-day national strike on Monday and Tuesday against the plans by Prime Minister Narendra Modi’s government for mergers and privatisations of state banks. Striking workers held protests in several cities across India.
The two-day action is part of a growing wave of class and other social struggles in India and internationally. Tomorrow, workers in public sector insurance companies will join a strike against privatisation. Tens of thousands of farmers are in continuous protests against the government’s pro-agribusiness farm laws, camping at various sites on the outskirts of Delhi since November 26. ....

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Bank strike Day 2: These banks to remain shut today; check what services will remain hit

Bank strike Day 2: These banks to remain shut today; check what services will remain hit
During the first day of the bank strike, services such as cash withdrawals, deposits, cheque clearing, and business transactions remained impacted across the country
BusinessToday.In | March 16, 2021 | Updated 09:37 IST
Bank employees participate in a protest during a 2-day nationwide bank strike against proposed privatisation of Public Sector banks and retrograde reforms
Banking services on Tuesday, March 16, will also remain affected as bank unions and employees continue to protest as part of a two-day national strike called by the United Forum of Bank Unions (UFBU), an umbrella body of nine bank unions. ....

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Nationwide bank strike: Banking services impacted for 2nd day, customers face hurdles over cash withdrawals, deposits, cheque clearances

Highlights
Strike against proposed privatisation of banks.
Further strikes will be decided looking at developments.
New Delhi: The two-day Nationwide bank strike continued on Tuesday leading to a lot of inconvenience being faced by customers on services such as cash withdrawals, deposits, cheque clearances, remittance services.
However, branches of private sector lenders like ICICI Bank, HDFC Bank and Axis Bank are open as they are not part of the strike. Government transactions related to treasury as well as business transactions will also be impacted, news agency PTI has reported.
The 2-day bank strike has been called by nine unions of public sector banks (PSBs) in the country, opposing government s policy to privatise the lenders. ....

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Banking services in Maharashtra impacted on second day of nationwide strike

The two-day nationwide strike of bank employees and officers, which started on March 15, has been called by the United Forum of Bank Unions (UFBU), an umbrella body of nine unions, to protest against the government s decision to privatise two more state-run banks. ....

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Sitharaman allays concerns of bank employees, assures 'not all banks will be privatised'

Last Updated:
Sitharaman Allays Concerns Of Bank Employees, Assures not All Banks Will Be Privatised
Nine unions of Public Sector Banks (PSBs) called for a two-day strike across the country against the government s policy to privatise the lenders.
Issuing a response to the ongoing strike by bank employees, Union Finance Minister Nirmala Sitharaman on Tuesday assured that not all banks will be privatized. Asserting that the interests of bank workers will be protected, the Finance Minister allayed concerns of bank workers by stating that their salaries and pension will be taken care of . Nine unions of Public Sector Banks (PSBs) called for a two-day strike across the country against the government s policy to privatise the lenders. ....

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