Public banks non-operational as unions go ahead with day-long strike

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Branches of public banks remained either closed or non-operational as staffers and officers went ahead with their day-long strike pressing for various demands, including accountability of top executives in the wake of mounting bad loans.

Services like cash deposits and withdrawal from branches and cheque clearances have been hit hard by the strike, which has been called under the aegis of the United Forum of Bank Unions (UFBU).

“The strike has been forced on us because of adamant and insensitive attitude of the bank management and IBA. They even did not bother to talk on providing compensation for extra hours put in by bank staff during the demonetisation period,” All India Bank Employees’ Association (AIBEA) General Secretary C H Venkatachalam told PTI.

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