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

They have also demanded adequate recruitment in all cadres, stringent measures to recover bad loans and accountability of top executives. Besides, they have pitched for criminal action against wilful defaulters.

The UFBU, which claims membership of nearly 10 lakh across banks, also requested the government for cost reimbursement of demonetisation to banks.

As many as 27 public sector banks control 75 per cent of the total business.

From Agencies, Featured image courtesy indianexpress