Strike disrupts banking services in public sector banks
pre-market1 source ↓written by the desknot a recommendation
Banking operations in public sector banks and some old-generation private banks were disrupted on Tuesday due to a one-day nationwide strike called by the United Forum of Bank Unions (UFBU). The strike aimed to demand a five-day banking week and declared all Saturdays as holidays. Cheque clearing services were notably affected across 12 public sector banks, impacting daily transactions.
New generation private banks continued normal operations as their employees are not unionized, highlighting a divide in the sector's workforce.
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