Bank strike why

Products Durables. Energy Power. Services Advertising. Rate Story. Font Size Abc Small. Abc Medium. Abc Large. The nationwide banking strike is in its second day today. Services that were disrupted yesterday are likely to remain disrupted today as well. The two-day protest was called by an umbrella body of nine unions against Modi govt's bank privatisation and disinvestment policies. According to claims made by the United Forum of Bank Unions, as many as 10 lakh bank workers have taken part in the strike.

Operations were impacted on a large scale on the first day of the strike, with banking services like cash withdrawals, deposits, cheque clearing and remittances disrupted in government banks. In Video: Bank employees continue nationwide strike for 2nd consecutive day. Under the lens NFRA member under lens for audit gaps in fraud-hit firm; cloud over selection process for regulatory posts. Economy Politics.

Bank strike on March The unions had called the strike after the conciliation meeting with the Union Finance Ministry on March 4, 9 and failed. Latest Must Read Markets. Economy Corporate Markets. Infra Pharma Real Estate. Stocks Auto World. Education Jobs Lifestyle. Dutta added that the protestors took out rallies, wherever permitted, and organised sit-ins across the country on Monday.

Bihar: Bank employees in Patna raised slogans in support of their two-day nationwide strike. Workers are opposing the privatisation move as it could put their jobs at risk. According to estimates from bank unions, Bank of India employs about 50, workers, Central Bank of India has 33, staff, Indian Overseas Bank has a workforce of 26,, while Bank of Maharashtra has about 13, employees.

Contribute Now.