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Bank Strike Today: SBI and other bank services across country hit

Bank Strike Today: SBI and other bank services across country hit

Zee News
Friday, December 17, 2021 05:53:01 AM UTC

As a result of the two-day strike, services such as deposits and withdrawals at branches, check clearance, and loan applications are still delayed.

New Delhi: Employees of public sector banks (PSBs), including the State Bank of India (SBI), went on strike for two days in protest of the government's plan to privatise them, disrupting banking operations across the country. However, the private sector is operating normally, particularly new-generation private-sector lenders such as HDFC Bank, ICICI Bank, and Kotak Mahindra Bank.

Lakhs of public sector bank employees went on strike for the second day on Friday to protest the government's proposed privatisation of banks, which would disrupt routine operations across the country.

The United Forum of Bank Union (UFBU), an umbrella body of nine bank unions including the All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA), and National Organisation of Bank Workers, called a strike on Friday, closing branches in several regions of the country (NOBW).

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