For clients who depend on face-to-face banking, it's best to schedule transactions in advance to stay away from inconvenience amid strike and regional holidays.
Banking services were partially affected in the country in response to a nationwide strike called for today and tomorrow by…
According to him, the only issue being confronted with the PSBs was that of huge Non-Performing Assets (NPAs) in which the major share was that of big corporates.
The Congress has extended support to the two-day nationwide bank strike on March 15 and 16 against the privatisation of public sector banks and banking reforms.
United Forum of Bank Unions (UFBU), an umbrella body of nine unions, had given a strike call for March 15 and 16.
Earlier, bank unions had threatened to go on three-day strike, starting from March 11, but it was cancelled.
These unions including AIBEA, AIBOA, BEFI, INBEF and INBOC, are demanding a pay hike beside a uniform five-day week.
Like the trade unions, bank unions too are protesting against government’s labour policies and demanding for a hike in their salaries along with other benefits.
Six important nationalized banks i.e. Andhra Bank, Allahabad Bank, Corporation Bank, Syndicate Bank, Oriental Bank of Commerce, and United Bank of India, were closed down.
SBI customers can take a sigh of relief as the bank had said that the strike will not affect its working as the majority of its employees are not members of the two unions.
