Banking services partially impacted on second day of strike

New Delhi Mar 29 PTI Banking services were impacted partially for the second day on Tuesday as a section of bank employees came in support of the nationwide strike called by central trade unionsTransactions at many public sector banks were impacted as employees did not report for duty Besides there were delays in cheque clearances and government treasury operations were also affected due to the strikeAs per our reports in the Southern Grid functioning in Chennai during our strike yesterday and today about 6 lakh chequesinstruments worth about Rs 5000 crore could not be sent for clearance as branches did not function due to the strike All India Bank Employees Association AIBEA general secretary CH Venkatachalam saidAt the national level about 20 lakh cheques worth about Rs 18000 crore could not be cleared he claimedBank unions are protesting against the governments move to privatise two public sector banks as announced in the Budget for 2021-22 They are also demanding an increase in the interest rate on deposits and a reduction in service chargesBesides AIBEA the Bank Employees Federation of India BEFI and All India Bank Officers Association AIBOA are also part of the two-day strike call given by the joint forum of central trade unions and various sectoral independent trade unions to protest against governments alleged anti-people economic policies and anti-worker labour policiesAll Indian Trade Union Congress AITUC Centre of Indian Trade Unions CITU and Indian National Trade Union Congress INTUC among others are demanding the scrapping of the proposed changes in labour laws and privatisation in any formIncreased allocation of wages under MNREGA Mahatma Gandhi Rural Employment Guarantee Act and regularisation of contract workers are also part of their demandsMost of the banks including the State Bank of India SBI had informed their customers about the proposed strike and its likely impact on the services in advance PTI DP BAL

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March 29, 2022

National

2 min

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New Delhi Mar 29 PTI Banking services were impacted partially for the second day on Tuesday as a section of bank employees came in support of the nationwide strike called by central trade unionsTransactions at many public sector banks were impacted as employees did not report for duty Besides there were delays in cheque clearances and government treasury operations were also affected due to the strikeAs per our reports in the Southern Grid functioning in Chennai during our strike yesterday and today about 6 lakh chequesinstruments worth about Rs 5000 crore could not be sent for clearance as branches did not function due to the strike All India Bank Employees Association AIBEA general secretary CH Venkatachalam saidAt the national level about 20 lakh cheques worth about Rs 18000 crore could not be cleared he claimedBank unions are protesting against the governments move to privatise two public sector banks as announced in the Budget for 2021-22 They are also demanding an increase in the interest rate on deposits and a reduction in service chargesBesides AIBEA the Bank Employees Federation of India BEFI and All India Bank Officers Association AIBOA are also part of the two-day strike call given by the joint forum of central trade unions and various sectoral independent trade unions to protest against governments alleged anti-people economic policies and anti-worker labour policiesAll Indian Trade Union Congress AITUC Centre of Indian Trade Unions CITU and Indian National Trade Union Congress INTUC among others are demanding the scrapping of the proposed changes in labour laws and privatisation in any formIncreased allocation of wages under MNREGA Mahatma Gandhi Rural Employment Guarantee Act and regularisation of contract workers are also part of their demandsMost of the banks including the State Bank of India SBI had informed their customers about the proposed strike and its likely impact on the services in advance PTI DP BAL

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