Strike hits services at PSU banks

07 Sep 2010

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The banking sector in the country was partially affected by the all India strike called by some nine trade unions today. The shutdown throughout the country, but mainly in Leftist-dominated states like West Bengal, Kerala and Manipur, affected the banks in these states, where unions like CITU have a stronghold.

About five lakh members of the All-India Banks Employees' Association (AIBEA) supported the nation-wide strike call given by the trade unions. However, State Bank of India officers' and employees' unions were not part of the strike.

The nation-wide strike was announced over major issues like price rise, the disinvestment policy of the government and violation of labour laws.