Bank strike continued for day-two on Tuesday, led by nine unions of public sector banks (PSBs) in the country, opposing government's policy to privatise the lenders
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A nationwide strike called by the United Forum of Bank Union in protest against privatisation of the government banks has begun
Banking operations including cheque clearance across the country got affected on Monday as bankers under the aegis of the UFBU have gone on a nationwide strike
The near 10 lakh bank employees are protesting against govt's decision to privatise a few state-owned banks
Apart from AIBEA, other bank unions - AIBOA, BEFI, INBEF, AIRBEA, AIRBWF, Unions in RRBs, Unions in co-operative banks also joined the strike
Banking operations across the country may be impacted on Thursday as some bank unions would be joining the one-day nationwide strike called by central trade unions
However, private sector lenders like ICICI Bank and HDFC Bank were operational
Private sector lenders like ICICI Bank and HDFC Bank were working as usual.
Earlier this week, a meeting with the Chief Labour Commissioner remained inconclusive, AIBOC President Sunil Kumar said
With branches in remote villages, the staff has to work under great hardships, sacrificing work-life balance
The bank unions have called for a nationwide strike demanding to expedite the process of wage settlement due since November 2017
After the two-day strike, bank unions are planning to hold a three-day strike from March 11 to 13 and indefinite strike from April 1 onwards
The United Forum of Bank Unions (UFBU), which represents nine trade unions, said they will also hold a three-day strike from March 11-13
Cash deposit and withdrawal, and cheque clearances have been impacted due to the nationwide strike
Banking operations across India could be hit today as employees of two bank unions are sitting on a 24-hour bank strike
While banking operations are expected to be hit due to the strike, many banks, including branches of SBI are likely to remain open
Bank union is protesting against the government's decision to merge ten public sector banks into four banks
For long, banks' managements resisted officers' attempts to unionise