PSU bank employees go on strike for 2 days; services minted in many places: The Tribune India

New Delhi, December 16

Employees of public sector banks (BSPs) on Thursday began a two-day strike against the decision to privatize public sector banks, which is impacting normal banking operations across the country.

Many branches in different parts of the country have been closed as the United Forum of Bank Union (UFBU), an umbrella body for nine banking unions, including the All India Bank Officers’ Confederation (AIBOC), the All India Bank Employees Association (AIBEA) and the National Organization. bank employees (NOBW), had called for a strike.

As a result, services such as branch deposits and withdrawals, check clearing and loan approvals could be affected as a result of the strike. But the ATMs should work as usual.

Public sector lenders, including the State Bank of India, had informed customers that services at their branches could be affected due to the strike.

However, the private sector, especially new generation private lenders like HDFC Bank, ICICI Bank, and Kotak Mahindra Bank, are operating as usual.

The strike is against the government’s decision to privatize public sector banks which have played a vital role in nation-building, AIBEA Secretary General CH Venkatachalam told PTI.

AIBOC Secretary General Soumya Dutta said about 7 lakhs of employees across the country were participating in the two-day strike.

It is unfortunate that the work in more than a lakh of branches of regional rural banks and banks was affected due to the strike due to the attitude of the government, Dutta said.

“All banking services are impacted from cash withdrawals to deposits, business transactions, the lending process, check clearing, account opening and business transactions,” he said.

In the Union budget presented in February, Union Finance Minister Nirmala Sitharaman announced the privatization of two public sector banks as part of her divestment plan. PTI

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