Operations at PSU banks partially hit due to trade union strike

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NEW DELHI/MUMBAI: Banking services across the country were partially impacted on Thursday as some unions of public sector banks participated in a one-day nationwide strike called by central trade unions.
Operations such as cash deposit and withdrawal and cheque clearances were hit. Bank unions claimed that in the clearing grids, about 20 lakh cheques worth about Rs 18,000 crore could not be sent for clearance due to the strike. Even ATMs in some parts of the country went dry.
However, the country’s largest lender State Bank of India (SBI) and private sector banks were functional.
The All India Bank Employees’ Association (AIBEA), All India Bank Officers Association (AIBOA) and Bank Employees Federation of India (BEFI) participated in the strike. (AGENCIES)