Banking operations nation-wide hit by strike


New Delhi/Chennai, Jul 29 (IANS): Banking operations across the country were hit on Friday as around 10 lakh employees of private and nationalised banks struck work for a day to protest against central government's policies for the sector.

"The strike has evoked a good response nationwide as around ten lakh have participated in it. Most of the nationalised banks are closed," C.H. Venkatachalam, General Secretary of the All India Bank Employees Association (AIBEA), told IANS in Chennai.

Echoing this, K. Phamaraiselvan, General Secretary of Andhra Bank Employees Union (Tamil Nadu unit) said: "The banking operations have been paralysed nationwide."

Earlier this month, major bank unions deferred a two-day strike call for July 12 and 13 following a restraint order by the Delhi High Court.

The unions in the banking sector had given the strike call protesting against the merger of the five associate banks of the State Bank of India (SBI) with the parent and the privatisation of IDBI Bank.

  

Top Stories


Leave a Comment

Title: Banking operations nation-wide hit by strike



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.