Public sector bank branches are expected to get even more benefits after the two-day strike against privatization of banks opened on Wednesday, which was attended by thousands of employees.
It appears imminent, but it will not be difficult to manage as banks usually have more customers visiting branches for transactions during the first week, bankers’ sources said. But with branches opening after four days – a second Saturday, Sunday and a two-day strike – the number of customers, especially in rural areas, is more likely to demand access to various services.
On Tuesday, the second day of the nationwide strike called by the United Forum of Bank Unions, the impact on operations was less possible as branches of public sector, old generation private and regional rural banks remained closed.
UFBU convenor for Telangana R. SBI sources said that while there are a number of employees participating, the number of workers was less.
According to Mr. Sriram, the UFBU, which includes nine unions of bank employees and officials, will wait for some time and plan further protest programs in the event the government continues with its proposal to privatize the two banks.
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