Saturday, February 7, 2026
4.4 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

SMC employees stage massive protest over unpaid salaries

Srinagar, Feb 7,: Employees of the Srinagar Municipal Corporation...

NC, BJP clash in Assembly over J&K’s “special status”,LoP Sharma says no such word exists in Constitution of India

Jammu, Feb 07: The Legislative Assembly on Saturday witnessed...

Over 1.27 lakh kg polythene, single-use plastic seized in J&K: Govt

Jammu, Feb 7,: More than 1.27 lakh kilograms of...

Bandipora stadium pavilion 95% complete, upgradation works ongoing: Govt

Srinagar, Feb 07 : The Jammu and Kashmir government...

36,000 foreigners among 1.77 crore tourists visited J&K in 2025: Govt

Srinagar, Feb 07: Jammu and Kashmir received more than...

Topics

SMC employees stage massive protest over unpaid salaries

Srinagar, Feb 7,: Employees of the Srinagar Municipal Corporation...

Over 1.27 lakh kg polythene, single-use plastic seized in J&K: Govt

Jammu, Feb 7,: More than 1.27 lakh kilograms of...

Bandipora stadium pavilion 95% complete, upgradation works ongoing: Govt

Srinagar, Feb 07 : The Jammu and Kashmir government...

36,000 foreigners among 1.77 crore tourists visited J&K in 2025: Govt

Srinagar, Feb 07: Jammu and Kashmir received more than...

J&K govt says no new wine shops planned for 2026–27

Srinagar, Feb 07: The Jammu and Kashmir government on...

CM rules out creation of new administrative units in Jammu & Kashmir

Jammu, Feb 07: Chief Minister Omar Abdullah on Saturday...

No power tariff hike for 3 years: Govt

PDD directs DISCOMs to verify consumer load for better...
spot_img

Related Articles

Popular Categories

spot_imgspot_img