40,000 bank employees in Bihar join nationwide strike

July 30, 2016 12:00 am | Updated 05:57 am IST - Patna:

No Business:A closed bank branch following a strike call by bank employers, in Ranchi on Friday.- Photo: Manob Chowdhury

No Business:A closed bank branch following a strike call by bank employers, in Ranchi on Friday.- Photo: Manob Chowdhury

About 40,000 employees of various public and private sector banks here joined the nationwide strike called by United Forum of Bank Unions on Friday.

B. Prasad, president of Bihar Bank Employees’ Federation, said about 40,000 bank employees took part in the nationwide strike paralysing banking services in the State.

Transactions to the tune of Rs 3,000 crore have got stuck due to the strike, he said.

Mr. Prasad claimed that about 8,000 branches of nearly two dozen public and private sector banks remained closed during the day.

The United Forum of Bank Unions have given a protest call against the merger and privatisation of public sector banks and “anti-workers” labour law reforms, besides rooting for effective steps to recover huge amounts of bad loans from the borrowers. - PTI

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