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Banks across India on 2-day strike against privatisation

Banks across India on 2-day strike against privatisation
United Forum of Bank Union (UFBU), an umbrella body of nine bank unions, has given the call for a two-day nationwide strike on March 15 and 16
Monday March 15, 2021 9:45 AM, ummid.com with inputs from Agencies
New Delhi/Mumbai/Chennai: Over a million employees working in banks across India are on two-day strike starting Monday March 15, 2021 to protest the Narendra Modi government s decision to privatise public sector banks apart from IDBI Bank.
United Forum of Bank Union (UFBU), an umbrella body of nine bank unions, has given the call for a two-day nationwide strike on March 15 and 16 against the privatisation of Public Sector Banks (PSBs) and retrograde banking reforms. ....

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Banking services in Maharashtra hit as 40,000 bank employees, officers join two-day strike

The pan-India strike on March 15-16 has been called by the United Forum of Bank Unions (UFBU), an umbrella body of nine unions. It has claimed that about 10 lakh bank employees and officers of the banks are participating in the strike. ....

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Bank operations may be hit for two days

Protest against proposed privatisation of two State-owned lenders. ....

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Banks strike: PSU Bank employees go on a two-day bank strike on March 15,16: Five things to know

Updated Mar 15, 2021 | 06:11 IST
Services such as deposits and withdrawal at branches, cheque clearance and loan approvals would be affected due to the strike.
PSU Bank employees go on a two-day bank strike on March 15,16: Five things to know | Photo Credit: PTI
New Delhi: Around 10 lakh bank employees will go on protest on March 15 and 16 against the privatisation of public sector banks, that was announced during the Union Budget. Services such as deposits and withdrawal at branches, cheque clearance and loan approvals would be affected due to the strike.
FM Nirmala Sitharaman had announced that two public sector banks other than IDBI Bank would be privatised, with the government setting its disinvestment target for FY22 at Rs 1.75 crore. ....

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Bank Strike: Key Services Hit As 2-Day Nationwide Bank Strike Begins: 10 Points

Key Services Hit As 2-Day Nationwide Bank Strike Begins: 10 Points
The strike comes after Union Finance Minister Nirmala Sitharaman had in the Budget announced the privatisation of two public sector banks as part of the government s disinvestment drive to generate Rs 1.75 lakh crore.
Updated: March 15, 2021 1:33 pm IST
All India Bank Strike: ATMs are likely to remain functional across the country
New Delhi:
Key banking operations across the country were impacted today as nine unions called for a two-day nationwide strike against the proposed privatisation of Public Sector Banks and retrograde banking reforms . As many as 10 lakh bank employees are expected to participate in the strike called by the United Forum of Bank Unions (UFBU), an umbrella body of nine bank unions. Banks across the country were shut on Saturday and Sunday - and will not open today or tomorrow due to the strike - leading to a four-day halt of services. ....

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