Business Affected in Bihar due to Bank Strike

State Bank of India in Patna remains closed on Tuesday due to bankers' strike.

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Patna: Business in Patna and elsewhere in the state was disrupted on Tuesday due to a day-long strike by the government banks, including Grameen Banks and Cooperative Banks, following call for a strike by the United Forum of Bank Unions (UFBU).

Bank union leaders chanting anti-government slogans in Patna on Tuesday.Bank union leaders chanting anti-government slogans in Patna on Tuesday.The strike was called to press for employees' nine-point demands including compensation to employees and officers for overtime they had to put in the aftermath of demonetization in November; and early initiation of next wage revision, among others.
Outside every bank and ATM machines in the state capital, men and women were seen lined up to cash their checks or withdraw money from the Automated Teller Machines only to return empty-handed as most ATMs ran out of cash within few hours in the morning.

As reported, more than 48,000 government bank employees stayed away from work by joining protests across the state. With millions of rupees worth of business being affected by the strike, even the commoners had a harrowing day as most ATMs ran out of money shortly before noon making it extremely inconvenient for those short on cash.

Leaders of nearly half a dozen bankers' unions claimed total success of the 'bandh' saying businesses worth over Rs. 30,000 crore were affected by the strike affecting 6,700 branches across the state.

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