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SBI staff strike ?hit? getting harder

The indefinite strike by the State Bank of India employees is hitting the people harder with each passing day by hampering financial transactions and business activities in the district. The pensioners and state government employees who draw their salaries were the worst affected due to the strike. The customers are carrying their cheques in their pockets but the clearance has become a tough job for them as the clearing house is closed.

Published on: Apr 8, 2006, 24:24:00 IST
None | By , Gorakhpur
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The indefinite strike by the State Bank of India employees is hitting the people harder with each passing day by hampering financial transactions and business activities in the district.

HT Image
HT Image

The pensioners and state government employees who draw their salaries were the worst affected due to the strike. The customers are carrying their cheques in their pockets but the clearance has become a tough job for them as the clearing house is closed. Trader Jyoti Agrawal and Ramesh Gupta said, “We cannot issue the cheques for payment nor can receive any cheque as we generally use cheques for receiving or making the payment to the parties”.

Traders said due to lack of payment, business activities had been paralysed and traders were facing huge losses due to the strike. The salaried state government employees are also having a tough time trying to maintain routine expenditure.

Sources said that transaction of around Rs 1 billion was affected due to non-clearance of cheques and when the strike was over, it would take at least one week to streamline the operation.

So far there is no sign of the strike ending and the cumulative losses to the business community in the city are estimated at Rs 60 crore. Long queues were witnessed at the ATM of HDFC and PNB for withdrawing money.

Meanwhile, the Insurance Employees Association has extended their support to the strike of the SBI employees. Secretary of the association Vinay Kumar Gupta said the demands of the SBI employees were genuine and government should relent on this issue.

Secretary of Federation of Bank Employees GM Khan warned the government that if any employees supporting the strike were disturbed, the situation would aggravate and the employees would give a befitting reply.

He said a massive rally of all the bank employees’ associations was scheduled to be held on April 7 in Lucknow, which would bring out the Union Government from its slumber.

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