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Bank strike affects customer services

Posted on: 24/Aug/2012 10:34:44 AM - No. of views : (2254)
Banking services in the city were severely affected as 10 lakh employees of nationalised banks went on a two-day strike from Wednesday. The bank strike had been called by the United Forum of Bank Unions (UFBU).

Normal banking operations, including cash transactions, cheque clearances, foreign exchange dealings were affected.

The ATMs, which functioned normally on the first day of the strike, ran out of cash today hampering day-to-day activities.

Several ATMs ran out of cash causing hardship to the common man on the second day of the two- day strike called by PSU bank unions to protest against reforms and outsourcing of non-core activities.

Although the new-generation private sector banks such as HDFC Bank and ICICI Bank functioned normally, clearing and fund transfer operations suffered on account of the strike.