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Services at banks hit as banks’ unions go ahead with strike

Updated: Feb 28, 2017 07:41:11am
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Services at banks hit as banks’ unions go ahead with strike

New Delhi, Feb 28 (KNN) As the public sector banks remained closed today, services like cash deposits and withdrawal from branches and cheque clearances have been hit hard.

The Banks unions today went ahead with their day-long strike demanding accountability of top executives in the wake of mounting bad loans, compensation of extra working hours during demonetization etc.

The strike has been called under the aegis of the United Forum of Bank Unions (UFBU).

The UFBU is an umbrella body of 9 unions, but two of Bharatiya Mazdoor Sangh affiliates -- the  National Organisation of Bank Officers -- are not part of the stir.

Unions are also opposed to the proposed labour reforms of the government and outsourcing of permanent jobs in the banking sector.

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