NEWS & ADVICE : FIXED DEPOSITS
Employees to strike on July 7, banks acting to take control
By Neelima Shankar
Jun 30, 2011
Print    Email    RSS   

Public sector lenders are set to go for strike on July 07, 2011 in protest against the government's idea to dilute its stake in PSBs. Banking authorities have started working on ways to control the situation so that normal banking operations doesnt get affected by the strike.

"The bank is taking all necessary steps in terms of the existing guidelines for smooth functioning of bank's branches and offices to deal with the strike," said Dena Bank in response to the measures it would be taking regarding the strike.

While Union Bank of India said that it was presently assessing the situation, Punjab & Sind Bank said the strike is not expected to hamper its operations majorly.

According to AIBEA Secretary Vishwas Utangi, the strike has been supported by employees of private and foreign lenders too.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Sweep in to Auto Sweep savings A/c
Carnival of Indian Personal Finance Blogs #2
Carnival of Indian Personal Finance Blogs #4
FDs or Equity? Which suits you best?
Carnival of Indian Personal Finance Blogs...


Sakeela.CaℒL Giℛℒs In Kharar 0985566O911...
NANGAL: CaℒL Giℛℒ In Una 09855660911 Escoℛt...
Chandigarh@CaℒL Giℛℒ In Rajpura +O9855660911...

NEWS THIS WEEK
Federal Bank launched V connect for its customers Feb 12, 2015
Andhra Bank on expansion mode Feb 11, 2015
Dena Bank earned a profit of 13%. Feb 9, 2015
Banks expected to cut down the rates Feb 5, 2015
RBI kept the rates unchanged Feb 4, 2015
News Archive