Bank strike affects cash transactions


“The response to the strike has been encouraging as cash transactions across the country were adversely affected. About 4 lakh bank employees of public sector and old generation private sector banks observed the strike,” claimed C H Venkatachalam, general secretary, AIBEA — one of the two unions which had given the strike call.

Employees under the banner of All India Bank Employees’ Association and All India Bank Officers’ Association joined the strike. However, employees of the largest bank SBI refrained from the strike.

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