NEWS & ADVICE : CREDIT CARDS
Banking strike hampered many operations across the country
By Ankit Sharma
Nov 13, 2014
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Last the banks were not operational for the entire. Protesting against the wage revision banks were on strike for the day. Reports have shown that the due the banking strikes. Much of the business in the country was hit.

The strike was carried out in the some 75,000 branches of 27 state-run banks. The strike took place across the several branches all across the country. On the day clearance of nearly 10 million cheques was delayed. In addition to this the total volume of the Indian banking industry is more than 155 lakh crore ($2.5 trillion), which has been completely blocked by the day-long strike.

However the ATMs of the banks were working but from some areas complaints regarding the ATMs was also received that the cash in the ATMs was exhausted. The one day strike lead to much loss, hampering several activities and causing inconvenience to the public.


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