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Bank strike Day 2: PSB bank services hit, unions warn may go on like farm stir

Bank strike Day 2: PSB bank services hit, unions warn may go on like farm stir
India
Published: Tuesday, March 16, 2021, 10:58 [IST]
New Delhi, Mar 16: Bank strike continued for day-two on Tuesday, led by nine unions of public sector banks (PSBs) in the country, opposing government s policy to privatise the lenders.
Customers will be inconvenienced to get services such as cash withdrawals, deposits, cheque clearances, remittance services. Government transactions related to treasury as well as business transactions will also be impacted.
United Forum of Bank Unions (UFBU), an umbrella body of nine unions, had given a strike call for March 15 and 16.
Members of UFBU include All India Bank Employees Association (AIBEA), All India Bank Officers Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers Association (AIBOA) and Bank Employees Confederation of India (BEFI). ....

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Banking services hit on second day of strike

Public Sector Banks (PSBs) remained closed on Tuesday as bank employees participated in a strike against the privatisation of State-run banks.The second day of the two-day protest called by the United ....

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Not all banks will be privatised: FM Nirmala Sitharaman amid employees' nationwide strike

The strike comes in the wake of Finance Minister Nirmala Sitharaman s announement in the Union Budget 2021-22 of privatisation of two public sector banks (apart from IDBI Bank) as part of the governmentâs disinvestment drive to generate Rs 1.75 lakh crore. The United Forum of Bank Unions (UFBU), an umbrella body of nine bank unions has decided to call the strike.
The IDBI Bank is already privatised by the government by selling its majority stake to the Life Insurance Corporation of India (LIC) in 2019 and merged 14 public sector banks in the last four years.
State Bank of India explaining the consequences of the strike had said, We inform that, we have been advised by lndian Banks Association lBA that United Forum of Bank Unions UFBU which comprises 9 major Unions, viz. All lndia Bank Employeesâ Association AIBEA, All India Bank Officersâ Confederation AIBOC, National Confederation of Bank Employees NCBE, All lndia Bank Officersâ Association AIBOA, Ban ....

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Nationwide bank strike enters day 2: Check affected services

Nationwide bank strike enters day 2: Check affected services
Nationwide bank strike enters day 2: Check affected services
The two-day strike was called by the UFBU, an umbrella body of nine bank unions, to protest against the proposed decision to privatise two public sector banks. Check which banking services will remain hit today due to the strike:
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UPDATED: March 16, 2021 13:41 IST
Bank employees raise slogans during a protest in support of the two-day natiowide strike, called by UFBU. (Photo: PTI)
Key services across public sector banks in India faced disruption on Tuesday as the nationwide strike called by the United Forum of Bank Unions (UFBU), an umbrella body of nine bank unions, entered the second day. ....

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Nationwide Bank Strike Continues To Impact PSB Services On Day 2; Check Details

Nationwide Bank Strike Continues To Impact PSB Services On Day 2; Check Details
Customers will be inconvenienced to get services such as cash withdrawals, deposits, cheque clearances, remittance services.
PTI
16 March 2021
File Photo
PTI
2021-03-16T13:51:23+05:30
Nationwide Bank Strike Continues To Impact PSB Services On Day 2; Check Details
outlookindia.com
2021-03-16T13:52:51+05:30
Bank strike continued for day-two on Tuesday, led by nine unions of public sector banks (PSBs) in the country, opposing government s policy to privatise the lenders.
Customers will be inconvenienced to get services such as cash withdrawals, deposits, cheque clearances, remittance services. Government transactions related to treasury as well as business transactions will also be impacted. ....

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