New Delhi: The two-day national bank strike called by the Bank United Forum ended on Friday, an impact on normal operations throughout the country.
Lakh employees of public sector banks broke down to protest the privatization of banks by the government.
The bank will work as usual on Saturday, because this is a working day.
Forum United Bank Union (UFBU) is a nine union umbrella body, including all Confederations of Bank India (AIBOC) officers, all Bank India (AIBEA) associations and the National Workers’ National Organization (NBW).
Services such as deposits and withdrawals in the branch, check permits and loan approval remains paralyzed due to a two-day strike.
ATMs in various parts of the country become dry on the second day.
Government treasury operations, negotiating import and export bills, loan grants, cash transactions, etc.
are not possible and clearing operations affected.
In the three Clearing centers of Mumbai, Delhi and Chennai, around 39 Lacs Check worth around RS 37,000 Crore cannot be taken for permission, (AIBEA) Secretary General C H Venkatachalam.
Secretary General of AIBOC Soumya Dutta said that around 7 Bank Lakh employees throughout the country enthusiastically participated in a two-day attack.
In the Union budget presented in February, Minister of Finance Nirmala Sitharaman has announced the privatization of two public sector banks (PSB) as part of the plan to be resolved.
To facilitate privatization, the government has registered the Bill Banking Act (Amendment), 2021, for introduction and passages during the current parliamentary session.
The government has privatized IDBI banks by selling majority shares in lenders to LC in 2019 and combining 14 public sector banks in the past four years.