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India News | Bank Strike: Services Affected at PSBs, Rural Banks in Rajasthan

Get latest articles and stories on India at LatestLY. Functioning of more than 8,200 branches of public and rural banks was affected in Rajasthan on Monday on the first day of the two-day nationwide bank strike, union leaders said.

India News | Bank Strike: Services Affected at PSBs, Rural Banks in Rajasthan

Jaipur, Mar 15 (PTI) Functioning of more than 8,200 branches of public and rural banks was affected in Rajasthan on Monday on the first day of the two-day nationwide bank strike, union leaders said.

State convenor of United Forum of Bank Unions, Mahesh Mishra said that 36,000 employees and officers, including more than 500 assistant general managers, remained on strike.

Due to the strike, business worth Rs 10,000 crore was disrupted in the state and most of the 15,000 ATMs in the state were out of cash, he added.

Bank employees and officers demonstrated near Ambedkar Circle here to protest against the privatisation of two more public sector banks.

Finance Minister Nirmala Sitharaman had announced privatisation of two public sector banks (PSBs) as part of the government's disinvestment plan in the Union Budget for the next fiscal.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)