Stir hits banking services

INDORE: Banking services remained paralyzed on Tuesday following a strike by United Forum of Bank Union. About 2,500 employees of national banks and few from private sector went on strike protesting against the government policies towards the sector.
M K Shukla, convenor of United Forum of Bank Union, informed that 342 branches of various banks remained inactive including 284 nationalized banks’ branches. A procession was taken out by the employees of private banks like Karnataka Bank, Jammu Kashmir Bank, Federal Bank, Vysya Bank and other nationalized banks from Sheetla Mata Mandir via Bohra Bazaar, Sarafa Bazaar, which culminated near the SBI premises in Rajwada.
They protested against the Khandelwal Committee recommendations on bank reforms and outsourcing in banking sector. Alok Khare, president of All India Bank Officers’ Association, Madhuraj, secretary SBI Staff Federation, O P Tiwari, National Organization of Bank Workers also participated in the strike.