Bank strike affects transactions.

Bank strike affects transactions.
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Services at all nationalized bank branches in the district were hit on Friday as employees of nine public sector banks went on a one-day strike to protest the proposed merger of the State Bank of India (SBI) associates with the parent and other issues. 

Nalgonda: Services at all nationalized bank branches in the district were hit on Friday as employees of nine public sector banks went on a one-day strike to protest the proposed merger of the State Bank of India (SBI) associates with the parent and other issues.

National Confederation of Bank Employees (NCBE) district secretary Narsimha said clearing operations across the district were paralyzed as almost 3,000 employees working in various banks have participated in the stir.

"About 200 branches in the district have been shut down as part of the strike. Protests were held at all important locations throughout the district," Narsimha informed.

Association leaders said both bank employees and officers in the district have participated in the strike and made nation-wide bank strike a grand success.

The Association has demanded the government take stringent measures to recover loans from defaulters and declare willful default of bank loans as criminal offence.

In Nalgonda town, bank employees staged a dharna before the SBI main branch.

Officers Association leader Chandrashekar, Renukuntla Sindhura, Vijay Kumar, Raghuram, Vinay and others participated in the dharna.

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