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Two-day bank strike: SBI, Bank of Maharashtra services likely to be hit; here's what you should do


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Two-day bank strike: SBI, Bank of Maharashtra services likely to be hit; here s what you should do
Bank strike on March 15-16: Both SBI and Bank of Maharashtra are taking necessary measures to ensure that services remain unaffected, they said they can t quantify the expected loss due to this strike at present
BusinessToday.In | March 11, 2021 | Updated 16:55 IST
This two-day long strike has been called by the United Forum of Bank Unions (UFBU)
In the run-up to the two-day bank strike on March 15-16, India s largest public sector bank SBI (State Bank of India) and Bank of Maharashtra have said that their services may be affected due to the strike.In view of this, customers have been advised to plan cash withdrawals and transfers well in advance. ....

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Bank employees' strike to hit SBI services on March 15, 16


Bank employees strike to hit SBI services on March 15, 16
While the country s largest lender has made all the arrangements to ensure normal functioning in its branches and offices, it is likely that the work in the bank may be impacted by the strike.
Rai Vinaykumar | March 9, 2021 | Updated 16:59 IST
SBI said the expected loss because of the strike cannot be quantified now.
The working of State Bank of India (SBI) is likely to be affected on March 15 and 16 as bank employees unions have called for a nationwide strike on these days.
.we have been advised by Indian Banks Association (IBA) that United Forum of Bank Unions (UFBU). has given a call for all India strike by bank employees on 15th & 16th March, 2021, SBI said in an exchange filing. ....

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Banks unions call for two-day strike against proposed privatisation of PSBs


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NEW DELHI: The United Forum of Bank Unions (UFBU), an umbrella body of nine unions, on Tuesday gave a call for a two-day strike from March 15 to protest against the proposed privatisation of two state-owned lenders.
In the Union Budget presented last week, finance minister Nirmala Sitharaman announced the privatisation of two Public Sector Banks (PSBs)Â as part of its disinvestment plan.
The government has already privatised IDBI Bank by selling its majority stake in the lender to LIC in 2019 and merged 14 public sector banks in the last four years.
It has been decided to oppose the government s decision to privatise banks during the meeting of UFBU held on Tuesday, All India Bank Employees Association (AIBEA) general secretary C H Venkatachalam said. ....

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