Over 10 lakh bankers go on nationwide strike
Banking operations across the country came to a halt today as over 10 lakh bankers went on a nationwide strike against the government's "anti-people banking reforms". Around 85,000 branches of commercial banks and over 1 lakh branches of co-operative banks are on strike. Clearance of 40 lakh cheques totalling around ?22,000 crore is expected to be affected.
Banking operations across the country came to a halt on Tuesday as 10 lakh bankers staged a strike against the government's "anti-people banking reforms", said a bank union leader.The strike was called by the United Forum of Bank Unions (UFBU), comprising nine unions.They also pressed for compensation to employees for extra work done on account of demonetisation.HERE'S WHAT YOU SHOULD KNOW:ALSO READ | As demonetisation era ends, banks to levy cash transaction charge