www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrologyShopping TendersClassifieds Opinions Hotels
Sign In / Register | Archive
Expressindia » Story

Nationwide two-day strike for bank employees

Font Size

Express news service

Posted: Feb 25, 2008 at 0157 hrs IST

Kolkata, February 24 Employees of public and private sector banks will go on a two-day nationwide strike from tomorrow, after a conciliatory meeting on Friday failed to resolve differences between unions and the Indian Banks Association (IBA).

The United Forum of Bank Unions (UFBU), a conglomeration of nine banking unions across the country, has called the strike.

With the current financial year drawing to a close, it will be the traders who will be worse-affected.

The public, too, will be at the receiving end. A section of traders felt the strike was held on a short notice, while others felt that if this continues, costumers would lose faith in banks.

“It’s the public and the traders who will be held at ransom for no fault of theirs. At a time when the financial year is drawing to a close, the strike can be a real ordeal for the traders,” said Mahesh Singhania, chairman of the Federation of West Bengal Trade Association.

Taraknath Trivedi, general secretary of the Federation of Traders Organisation, West Bengal, said there has been no clear indication whether ATMs would be operational. The traders’ organisation said the 48-hour blackout means no transactions in an era where banks are promising 24-hour services to customers.

Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

Obama calls up PM, discusses Af-Pak policy, climate change

SC declines maintenance plea at Ambedkar memorial

David Headley's detention hearing deferred indefinitely

Online CAT crash traced to viruses Conflicker, Nimda

Villages without electricity for 20 years in Jharkhand

Ready to probe Orissa mining scam: CBI to court

Over 1,200 cases of crime against women in Delhi

More
Featured Services
© 2009 The Indian Express Limited. All rights reserved
The Indian Express Group | Advertise With Us | Privacy Policy | Feedback | Work With Us | Site Map