Explained | Bank staff on 2-day strike: Why, & how you'll be impacted

Published on Mar 15, 2021 06:30 pm IST

Employees of many banks in India have gone on a two-day strike beginning March 15. The 'hartal' has been called by the United Forum of Bank Union, an umbrella body of 9 bank unions. Bank branches were shut, and staffers were seen holding posters against the Central government's decision to privatise 2 public sector banks. Deposits and withdrawals at branches, cheque clearances, and loan approvals to be impacted by the strike, while functioning of many private banks is expected to be unaffected. Watch the full video for more.

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