CHENNAI/NEW DELHI: Majority of banking transactions across India were hit on Friday as some one million staff struck work to protest proposals to divest government stake in state-run institutions, apart from demanding a host of welfare schemes.
“Nearly one million bank employees in state run, private sector as well as foreign banks have struck work today (Friday). The nationwide response for the strike call is good,” the convener of the United Forum of Bank Unions, CH Venkatachalam, said in Chennai.”Cheque clearing operations have also been impacted,” said the senior office bearer of the forum, which is an umbrella body representing nine unions in the banking industry, but admitted that some private banks were functioning.(IANS)
