Strike in banks affects cheque transactions worth Rs 300 crore

| | Dehradun
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Strike in banks affects cheque transactions worth Rs 300 crore

Thursday, 09 January 2020 | PNS | Dehradun

Cheque transactions amounting to about   Rs 300 crore were affected in the state due to employees of various nationalised banks participating in the strike called by trade unions on Wednesday.

According to assistant general secretary of Uttaranchal Bank Employees Union (UBEU), Vinay Kumar Sharma, “All nationalised banks like Punjab National Bank (PNB), Allahabad Bank, Union Bank, Central Bank of India, and Nainital Bank participated in the strike except State Bank of India (SBI) and no work was carried out in any of the branches.

Cheque transactions worth about Rs 300 crore were affected and almost no cash transactions were done. If we look at the bigger scenario of the strike, it must have affected transactions amounting to Rs 3,000 crore across the country,” he opined. Besides other trade unions, members of the UBEU staged protest against the anti-labour policies, inadequate hiring of new employees and unwanted merger of banks.

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