Picture courtesy: Business Today
New Delhi: Banking services are likely to be disrupted across the country on Monday (March 15) and Tuesday (March 16) as most employees are set to go on a strike protesting the privatisation of two public sector banks.
Around 10 lakh employees of the United Forum of Bank Unions have been protesting for a month and have now called for a two-day nationwide strike on March 15-16.
Banks were shut on Saturday and Sunday, and now with two days of strike, the operations will now be hit for four days.
Services Affected
Services like deposits and withdrawal at branches, cheque clearance and loan approvals will be affected owing to the strike.
However, ATMs may continue to function normally.
Many public sector lenders, including the State Bank of India (SBI), have informed that their normal working could be affected at the branches and offices if the strike materialises.
Banks have also informed the customers that they are taking necessary measures for the smooth functioning of bank branches and offices.
Private banks like HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank and IndusInd Bank which account for about one-third of banking services are likely to function normally.
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