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Employees of Allahabad Bank stage a protest during a two-day nationwide banks strike against the privatisation of Public Sector Banks and retrograde banking reforms in Patna on Monday.
The two-day bank strike led by nine unions of public sector banks (PSBs) in the country has severely affected the banking operations. Customers are facing inconvenience in parts of the country due to the strike called against the Centre s policy to privatise the lenders.Â
The strike has affected services like cash withdrawals, deposits, cheque clearances, remittance services. Government transactions related to treasury as well as business transactions have also been impacted.Â
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.
Nationwide Bank Strike Impacts State-Run Lenders Services On Day 2 ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.
The two-day pan-India bank strike ended on Tuesday, with the disruption in services including cash withdrawals, deposits, loan disbursements and cheque clearances hitting customers hard across Maharashtra. Around 50,000 members belonging to various bank unions, under the joint platform of the United Forum of Bank Unions (UFBU), stayed away from work during the strike on March 15-16 across the state, union leaders claimed. The forum was protesting privatisation of two more government-owned banks, as announced in the Union Budget for fiscal 2021-22. Today (Tuesday) also, as per reports from our unions in various states, the strike has been successful. Overwhelming majority of the bank branches remain closed, All India Bank Employees Association (AIBEA) General Secretary C H Venkatachalam said in a statement.
Banks remain shut on the second day, in the wake of a two-day nationwide strike. (Photo/ANI)
Strike called by UFBU enters Day 2, banks remain shut in Mumbai, Panchkula, Siliguri ANI | Updated: Mar 16, 2021 12:35 IST
Mumbai, Panchkula, Siliguri (Maharashtra, Haryana, West Bengal) [India], March 16 (ANI): Bank employees continued with their nationwide strike on Tuesday, for the second day, following the call of the United Forum of Bank Unions (UFBU). Like all other parts of the country, it has impacted services and operations in Mumbai, Panchkula and Siliguri.
The strike called by the UFBU against privatisation of Public Sector Banks and retrograde banking reforms .