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Bank employees on strike today and tomorrow — ATMs, net and mobile banking likely to be the only relief


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Bank employees on strike today and tomorrow ATMs, net and mobile banking likely to be the only relief
Bank employees on strike today and tomorrow ATMs, net and mobile banking likely to be the only relief
Prabhjote GillMar 15, 2021, 10:41 IST
Staffers under United Forum Of Bank Unions raise a slogan in support of their demands at Buddha Smriti Park in Patna on March 12BCCL
Bank employees are on strike today and tomorrow to protest the government’s proposal to privatise two more public sector banks this year.
Unlike past mergers, where one public sector bank was combined with another, divestment this time will mean a change of ownership from public to private. ....

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Bank strike today bank strike 2021 banking services affected cheques stuck


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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. ....

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Bank strike banking services affected PSU banks ATMs cash withdrawal loans


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Image Source : PTI
A branch of State Bank of India (SBI) wears a deserted look during a two-day nationwide strike, called by United Forum of Bank Unions (UFBU), to protest against the proposed privatisation of two state-owned lenders, in Bikaner.
Banking services such as cash withdrawals, deposits, cheque clearing and business transactions were impacted across the country on Monday, the day one of the PSU bank union s strike, against the proposed privatisation of two more state-owned lenders. United Forum of Bank Unions (UFBU), an umbrella body of nine unions, had given a strike call for March 15 and 16, and claimed that about 10 lakh bank employees and officers of the banks will participate in the strike. ....

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Bank strike today: ATM services, cheque clearance, other services to be hit


Bank strike today: ATM services, cheque clearance, other services to be hit
Bank strike on March 15: Banking services are likely to be hit at several public sector banks (PSBs) like State Bank of India (SBI), Canara Bank and Bank of Maharashtra (BoM)
BusinessToday.In | March 15, 2021 | Updated 09:32 IST
Banks have assured their customers they are taking all necessary steps to ensure the smooth running of bank offices and branches on the days of the proposed two-day bank strike
Banking services are likely to be impacted on Monday, March 15 and 16 as the United Forum of Bank Unions (UFBU) has given a call for a two-day nationwide strike. The strike has been called to protest against the Centre s proposal to privatise two public sector banks. ....

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Bank strike: What are main demands of protesting unions?


Bank strike: What are main demands of protesting unions?
Bank strike on March 15: The unions had called the strike after the conciliation meeting with the Union Finance Ministry on March 4, 9 and failed
BusinessToday.In | March 15, 2021 | Updated 18:20 IST
Bank unions have been asking the government to take back the privatisation and merger plans, which are likely to cause job losses
Bank Unions are observing a nationwide strike on March 15, 16 against government s policy of privatising public sector banks (PSBs). The bank unions that come under the United Forum of Bank Unions (UFBU) are demanding a rollback of the Centre s divestment plan aimed at garnering Rs 1.75 lakh crore for the exchequer. Besides this, the protesting unions have also raised their voice against the merger of public sector banks and retrograde banking reforms .   ....

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