National strike against bank privatization continues in India
National strike against bank privatization continues in India
National strike against bank privatization continues in India

Some private banks continued their operations normally. However, they represent only a third of the services of this kind in the country.
All India Bank Officers Association General Secretary Sowmya Dutta said that all services were affected, from cash withdrawals to deposits, business transactions, updating of books, loan processing, check clearing and account opening.
The privatization of banks puts people's savings at risk, since in the past, many of them collapsed and people lost their savings, he added. In the budget presented on February 1, Finance Minister Nirmala Sitharaman announced the privatization of several public sector banks, as part of the government's divestment plan.
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National strike against bank privatization continues in India
New Delhi, Mar 16 (Prensa Latina) The national strike against the privatization of the public sector banks continued on Tuesday for the second day in India.
The strike was called by the United Forum of Banking Unions, a body that brings together nine unions of the sector and includes about a million employees, Press Trust of India (PTI) agency said.
Some private banks continued their operations normally. However, they represent only a third of the services of this kind in the country.
All India Bank Officers Association General Secretary Sowmya Dutta said that all services were affected, from cash withdrawals to deposits, business transactions, updating of books, loan processing, check clearing and account opening.
The privatization of banks puts people's savings at risk, since in the past, many of them collapsed and people lost their savings, he added. In the budget presented on February 1, Finance Minister Nirmala Sitharaman announced the privatization of several public sector banks, as part of the government's divestment plan.
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