City
Epaper

Two day bank strike successful: AIBEA

By IANS | Updated: March 16, 2021 11:15 IST

Chennai, March 16 The two day nationwide banker's strike in protest against privatisation of government banks was a ...

Open in App

Chennai, March 16 The two day nationwide banker's strike in protest against privatisation of government banks was a total success, said the top leader of a major union.

The two day strike began on Monday.

As per reports received by us from our unions in various states, the strike has been successful. Overwhelming majority of the bank branches remain closed and shutters are down, said C.H. Venkatachalam, General Secretary, All India Employees' Association (AIBEA).

He said some branches headed by senior officers were open but no banking transaction could be carried out as other staff were on strike.

The central government has decided to privatise two public sector banks in addition to the IDBI Bank, and the United Forum of Bank Unions (UFBU) had given the strike call in protest.

The UFBU, an umbrella body of nine unions in the banking sector, had given the strike call.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: All India Insurance Employees AssociationIdbi BankInfrastructure and industrial developmentUp state industrial development authorityIdbi bank ltd.
Open in App

Related Stories

MumbaiMumbai: State Cabinet Clears Proposal for Housing Stock To Accommodate Project Affected People

HealthUnion Budget 2024: Experts Urge Boosting Digital Health Infrastructure and Higher GDP Allocation for Healthcare

BusinessMarch 31st Deadline Alert: Complete PPF, Sukanya Samriddhi KYC, and More Financial Tasks to Avoid Losses

MaharashtraMumbai Coastal Road Open for Public: Know Entry and Exit Points, Route and Speed Limit; Detail Inside

TechnologyNew Cash Withdrawal System Allows Bank Account Holders to Withdraw from Nearby Shops Using Smartphone

Business Realted Stories

BusinessIndian goods worth over USD 10 billion reach pakistan via third-country routes: GTRI

BusinessMahindra to acquire 58.96% stake in SML Isuzu for Rs 555 crore

BusinessCentre launches portal, guidelines for electronics component manufacturing scheme; aims for large investments

BusinessMillions benefited from Ayushman health cards, now is the time for Delhi: Hardeep Puri

BusinessViksit Bharat will be driven by start-ups and innovation: IIT Madras Director