Banking services halted across the country including Bihar, transactions worth Rs 50 thousand crore affected:

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News India Live, Digital Desk: Bank employees across the country went on a one-day mega strike on Tuesday in support of their various demands, especially the implementation of ‘Five Day Banking’ (5-Day Work Week). Widespread impact of this nationwide strike Bihar It was seen in 2017, where more than eight thousand branches of public sector, rural and cooperative banks remained locked.

Due to the strike, the general public faced a lot of problems, while business activities were also badly affected.

Business worth Rs 50 thousand crore affected in Bihar

National Secretary of All India Bank Officers Association DN Trivedi According to, due to the strike in Bihar, about 50 thousand crore rupees The transaction came to a halt.

What remained closed: Services like cash transaction, check clearance, draft issuance and RTGS-NEFT came to a complete standstill in government banks.

Condition of private banks: Most of the private banks stayed away from this strike, which brought relief to some extent, but the customers dependent on government banks were disappointed.

ATMs empty, customers seen roaming around private banks

Due to three consecutive days of holidays and then the strike on Tuesday, most of the ATMs in the city became cashless.

Due to cash shortage, people were seen searching for ATMs of private banks.

Employees demonstrated strongly and took out rallies in front of the administrative offices of the bank in the district headquarters including the capital Patna.

Why is the strike happening? What are the main demands?

In this strike called by United Forum of Bank Unions (UFBU), almost all across the country eight lakh employees joined in. Following are the main reasons for the movement:

5-day work week: The most important demand of the bank employees is that all Saturdays should be declared holidays. At present only the second and fourth Saturdays are holidays.

Government’s breach of promise: The association says that during the last wage agreement, the IBA had given written consent to give holidays on all Saturdays, but the Central Government has not yet issued its notification.

Allegation of discrimination: Employees argue that when Reserve Bank (RBI), LIC, NABARD and Stock Exchange If 5-day working is applicable in institutions, then why this discrimination with banks?

What next?

The striking organizations have clearly warned that if the government does not take a positive decision on their demands soon, then strict measures like indefinite strike can be taken in the coming days. At present, no official statement has come from the ministry on this issue.

Google Discover & SEO Update: If you have any important bank related work pending, then there may be more crowd when the bank opens on Wednesday. Use digital banking services (Mobile/Internet Banking) as the backlog of check clearance at branches is likely to increase.