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Saturday, August 6, 2011

Strike impacts banking operations partially!


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Special Correspondent, The Hindu / NEW DELHI, August 5, 2011.

Employees of various banks hold placards as they stage a demonstration during a daylong strike, in Kolkata on Friday.
Employees of various banks hold placards as they stage a demonstration during a daylong strike, in Kolkata on Friday.

Banking operations were partially impacted throughout the country on Friday following a daylong strike by public sector and old private sector bank employees in protest against the proposed and ongoing reforms in the sector.
According to reports from various centres, particularly hard-hit were some of the eastern States such as West Bengal and Bihar, while the impact was partial in western States such as Gujarat and Maharashtra.
The strike, called by the United Forum of Bank Unions (UFBU), an umbrella forum of nine trade unions, was in protest against reforms which include dilution of government shareholding in public sector banks, increase in voting rights to shareholders and outsourcing of jobs.


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