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Bank unions to strike today, cheque and cash transactions to be hit

Bank unions to strike today, cheque and cash transactions to be hit

Tuesday, February 28, 2017, 11:44 AM

Cash and cheque transactions will be hit today, as employees of state-owned banks are on a one-day strike. The strike has been called to press for various demands including those related to wages. Around 10 lakh bankers - ranging from officers to clerks belonging to the nine unions joined the strike. Clearance of 40 lakh cheques totalling around Rs 22,000 crore would be affected.
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