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.
Nationwide Bank Strike: Cheques worth Rs 16,500 crore got stuck sentinelassam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sentinelassam.com Daily Mail and Mail on Sunday newspapers.
Banking services hit across country due to 2-day bank strike
On the first day of the strike, about 85 lakh cheques and other bank instruments were not cleared by bank branches in Mumbai alone.
BusinessToday.In | March 16, 2021 | Updated 22:40 IST
The United Forum of Bank Unions had called the two-day strike to protest against the Centre s decision to privatise public sector banks.
The two-day strike called by bank employees union, ending Tuesday, severely hit banking services across the country.
The United Forum of Bank Unions (UFBU), an umbrella organisation of nine bank unions, had called the two-day strike to protest against the Centre s decision to privatise public sector banks.
Banking services hit across country due to 2-day bank strike businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
URL copied Image Source : PTI
New Delhi: Bank employees raise slogans during a protest in support of the two-day nationwide strike, called by United Forum of Bank Unions (UFBU), against the proposed privatisation of two state-owned lenders, at Jantar Mantar in New Delhi, Monday, March 15, 2021.
The two-day nationwide strike called by the United Forum of Bank Union in protest against privatisation of the government banks began on Monday. The leader of a major union claimed total success impacting the clearance of two crore cheques/instruments worth about Rs 16,500 crore. On an average, about 2 crore cheques/instruments worth about Rs 16,500 crore are held up for clearance. Government treasury operations and all normal banking transactions have been affected, C.H. Venkatachalam, General Secretary, All India Bank Employees Association (AIBEA) said.