Bank strike hits transactions
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Members of United Forum of Bank Unions stage a demonstration in Dindigul on Monday.
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KARTHIKEYAN. G
The two-day bank strike, which commenced on Monday, has completely stalled the normal banking transactions in Dindigul district.
The strike had been called by an umbrella of bank employees associations to protest against the proposals to privatise two public sector banks. The Union Finance Minister had announced about the plans in the budget tabled recently.
Opposing this, the employees unions came together and appealed to the Union government to drop the plan. At a time, when the merger of banks had caused hassles and deepened the losses, privatisation may seal the existence of the PSUs, they apprehended.
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