Banking services hit as employees go on strike

Mumbai: Banking operations have been hit as public sector bank employees went on a one-day nationwide strike today to protest the government’s proposed consolidation move, besides raising other demands.
The strike has been called by unions under the aegis of the United Forum of Bank Unions (UFBU), an umbrella body of nine unions, including All India Bank Officers’ Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW).
Indian Banks’ Association, an industry body, has asked banks to take measures in advance to minimise the impact of the strike.
As many as 21 public sector banks control 75 per cent of the total business.
Cheque clearances, NEFT/RTGS transactions as well as deposits/withdrawals at branches of public sector banks will be affected.  (UNI)

 

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