Banking operations were hit across the country on Tuesday with almost 10 lakh employees of state-run banks striking to protest against the government's proposed move of consolidation, among other issues.
As the bankers going on strike, the banking operations will be affected throughout the country.
"We regret that the government and the IBA were not eager to resolve the issues to avert the issues thus forcing the unions to go ahead with the strike".
According to union leaders, around a million bankers working in around 1,32,000 branches will be on strike. The angry bank employees raised slogans denouncing the privation of public sector banks as well as merging of some banks with the SBI.
Almost 10 lakh bank employees will see participation in the strike that is against the government's move to privatise Public Sector Banks and plan to merge and consolidate them.
Bank employees of Dimapur during the all India bank strike on August 22. The United Forum of Bank Unions said, "All nationalized banks will be closed on Tuesday, while the Aryavarta Officers Association has made a decision to join the strike with nationalized banks and join the strike".
Reuben Foster held out of contact drills with shoulder issue
He then returned to the same Marriott hotel room in Santa Clara where he celebrated the Broncos' Super Bowl 50 victory. He definitely wanted to go. "And I think obviously Brandon made a point previous year , but he carried it forward.
"The decision of government has adversely affected the life of bank employees".
"Privatisation of banks would mean privatising the Rs 80 lakh crore of common people's money available in our banks.This is risky for the country and our people".
"Normally in the three clearing grids functioning from South, West and North - Chennai, Mumbai and Delhi - on an average about 40 lakh cheques and instruments worth about Rs 22,000 crore are transacted per day".
There is a possibility that most banks will remain closed today.
Noting that banks should not pass on their corporate NPA burdens on to their customers, AIBEA General Secretary C H Venkatchalam said the government should abolish the Banks Board Bureau and ensure stringent measures to recover bad loans and fix accountability on top executives, Business Standard reported.