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Bank strike enters day two, operations disrupted
Shares of Industrial Finance Corporation of India (IFCI) plunged on Friday after the government exercised the option to convert Rs 923 crore worth of debentures into equity with immediate effect. Atul Kumar Rai, MD and CEO, IFCI, told NDTV Profit that the
23 Aug 2012, 11:34 AM IST 
Normal operations in public sector banks, including cheque clearances and fund transfers, were today hampered for the second day because of the strike called by unions to protest against reforms in the sector and outsourcing of non-core services to private sector.
