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Banks Stare At Union Strike On August 22

United Forum of Bank Unions to proceed with proposed strike on August 22 Functioning of branches, offices may be impacted if strike takes off UFBU claims membership of nearly 10 lakh across banks

As many as 21 public sector banks control 75 per cent of the total business
As many as 21 public sector banks control 75 per cent of the total business
New Delhi: Services at public sector banks may take a hit on Tuesday as all unions under the aegis of UFBU (United Forum of Bank Unions) have threatened to go on strike against the government's proposed consolidation move besides raising a host of other demands. Most banks have already informed their customers that functioning of branches and offices will be impacted if the strike takes off. Operations at private lenders like ICICI B...
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