Banking Operations in India Paralyzed due to two day strike

Bank Strike: Banking Operations in India Paralyzed due to two day strike. 

Public sector bank employees went on two day strike which paralyzed the banking operations in the country.  Normal banking operations like cheque clearances, withdrawing and depositing of money at branches were hit as over 10 lakh employees stayed off from work.

Bank_Strike_IndiaThe nation-wide strike call, demanding early wage revision among other issues, was given by United Forum of Bank Unions (UFBU) that comprises nine national bank unions.

It was, however, business as usual at private sector banks like ICICI Bank and HDFC Bank.

Employees of public sector insurance companies, including LIC and New India Assurance, participated in the strike.

Apprehending disruption in normal operations, many public sector banks had already informed customers about the strike.

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