Bank Strike on August 22, Services to be Hit

New Delhi, August 21: Banking services at all nationalized banks may take a hit on Tuesday as the Bank unions have called for a nationwide strike on August 22. After talks with the Central government regarding proposed reforms failed, the United Forum of Bank Unions (UFBU) has now given the call for the strike on August 22 where people are believed to protest against the government’s move of consolidation besides a host of other demands. It has been reported that most banks have informed their customers that services are likely to bit hit as banks would press their demands to stop privatisation of public sector banks. The strike would potentially be affecting banking services like cheque clearances, cash deposits, and withdrawal at branches and other facilities.

The UFBU in the statement said that nearly 10 lakh employees and officers of various banks all over the country would observe the strike.  The decision of a nationwide protest was taken to express solidarity with the nationwide strike call given by the confederation to protest the anti-people policies of the government. Dilip Singh Chauhan, General Secretary of the Bank of India Officers Association, said an umbrella group named United Forum of Bank Unions had been formed for Tuesday’s protests.