Bank strike: Services hit in Telugu States
Banking operations in Telangana and Andhra Pradesh came to a halt on Thursday as employees of public sector banks stayed away from work on Day 1 of the two-day strike called by the United Forum of Bank Unions (UFBU).
Hyderabad: Banking operations in Telangana and Andhra Pradesh came to a halt on Thursday as employees of public sector banks stayed away from work on Day 1 of the two-day strike called by the United Forum of Bank Unions (UFBU).
The strike has been called by the United Forum of Bank Unions (UFBU), an umbrella body of nine unions, including the All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW) to protest against the government's decision to privatise two more public sector banks.
In Telangana, about 50,000 officers and employees of private sector banks joined the strike, paralysing the banking services. Almost an equal number of employees struck the work in neighbouring Andhra Pradesh. UFBU Telangana unit leader R. Sriram said all the banking services, including transactions and clearing of cheques came to a standstill due to the strike.
