Lakhs of employees of public sector banks continued their strike on the second day on Friday against proposed privatisation of banks by the government impacting normal operation across the country.
Banking and ATM services across the country are likely to be affected.
As a result, services such as deposits and withdrawal at branches, cheque clearance and loan approvals remained paralaysed due to the two-day strike ending later in the day.
Employees of several state-owned banks including State Bank of India (SBI) go on a two-day strike from today. The United Forum of Bank Unions (UFBU), which is an umbrella body of 9 bank unions has called a two-day strike to protest government’s decision to privatise several banks in the country.
India’s largest public sector bank in a notice to stock exchanges said it is likely to face disruption in view of the two-strike on December 16 and December 17.