Bank Strike Today, Services May Be Affected - JPG Download - CiteHR
Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
Normal banking operations may take a hit today as public sector bank employees will go on strike to protest against the proposed merger of associate banks with SBI and banking reforms announced by the government.
The United Forum of Banks Unions (UFBU), an umbrella organisation of nine bank employees and officers unions representing 8 lakh staffers, will go ahead with the strike, potentially affecting services like cheque clearances, cash deposit and withdrawal at branches and other facilities.
Most banks, including SBI, informed customers that banking services would be hit today due to the strike at all banks on “issue and demand to stop banking sector reforms”.
According to All India Bank Employees Association (AIBEA) General Secretary C.H. Venkatachalam, the conciliation meeting with the Chief Labour Commissioner on July 26 did not yield any positive results though UFBU is willing to reconsider the strike call if the government considers their demand and addresses it.
The unions were ready for meaningful discussion, but the government only tried to justify their present policy decision on banking reforms and hence, there was no meeting point.
Unions, which are protesting against FDI in the banking sector, are pressing for various demands, which include one not to privatise public sector banks and increase private capital in such banks. The unions are also opposed to the move to privatise regional rural banks and co-operative banks and consolidate and merge banks, among others.

Create a lifelong impression upon the ones you adore by gifting them these amazing Gift Hampers, Flowers that clearly conveys how much you love them.. Send Hampers to Germany through online shopping store and make your loved ones face glow in happiness. Gifts Delivery in Germany is not a big deal nowadays for busy people because of the online shopping portals available all over the internet.
Send Hamper to Germany, Gifts to Germany: Low Cost Delivery Online


Attached Images
Membership is required for download. Create An Account First
File Type: jpg Horizontal.jpg (48.7 KB, 10 views)
File Type: jpg square.jpg (42.9 KB, 3 views)

This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co