Sunday, April 12, 2026
7.1 C
Srinagar

PSB privatization : Nationwide bank strike enters day two, UFBU to decide next course of action

Hyderabad, Mar 16 :  The two-day nationwide strike called by the United Forum of Bank Unions (UFBU), an umbrella body of nine bank unions, in protest against the Centre’s proposed privatisation of Public Sector Banks (PSBs) entered the second day on Tuesday.

Banking operations have been hit across the country as nearly 10 lakh employees, officers and Managers went on strike from Monday.

UFBU will meet after the strike to discuss the strategy and next course of action, All India Bank Employees’ Association (AIBEA) General Secretary Ch Venkatachalam told UNI.

Mr Venkatachalam said the strike was a total success and Normal banking services were greatly affected.

He said today also, 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. Only some of the Branches which are headed by senior officials like Scale IV and Scale V Chief Managers and Assistant General Managers were kept open as they are not covered by the strike, the top Union leader said, adding that but in those branches also, no transaction could be carried out as all other staff joined the strike.

(UNI)

Hot this week

Iran–US Historic Talks Set to Begin in Islamabad: A Decisive Moment from Temporary Ceasefire to Lasting Peace

Asia Mail Monitoring Desk  The capital of Pakistan, Islamabad, has...

Lieutenant Governor reviews preparedness for 100-Day intensive campaign under ‘Nasha Mukt Jammu Kashmir Abhiyaan’

Jammu:  Lieutenant Governor Shri Manoj Sinha on Thursday chaired...

US must control Israel for ceasefire to hold: CM Omar on Middle East crisis

Srinagar:Chief Minister Omar Abdullah on Thursday said the United...

Drainage Leakage in Brein Nishat Market Persists for Months, Shopkeepers Seek Action

Srinagar, April 9: A persistent drainage leakage in Syed...

Five Houses Damaged in Srinagar Pre-Dawn Fire, Gas Cylinder Blasts Intensify Blaze

Srinagar, April 9 :A major fire broke out at...

Topics

US must control Israel for ceasefire to hold: CM Omar on Middle East crisis

Srinagar:Chief Minister Omar Abdullah on Thursday said the United...

Drainage Leakage in Brein Nishat Market Persists for Months, Shopkeepers Seek Action

Srinagar, April 9: A persistent drainage leakage in Syed...

Jammu–Srinagar Highway Shut After Massive Landslide Hits Between Digdol and Khooni Nallah

Ramban : A massive landslide struck the Jammu–Srinagar National...

NH-44 Reopens for Passenger Traffic in Both Directions

Movement restored on Jammu-Srinagar highway; commuters advised to follow...
spot_img

Related Articles

Popular Categories

spot_imgspot_img