Banking strike hits operation hard

NEW DELHI
28 Feb 2017

Banking operations were hit today by the day-long, nation-wide strike called by employees of public sector banks, with ATMs running dry at various places across the country. The All India Bank Employees' Association (AIBEA) claimed success, saying all the branches kept their shutters down. "People could not go to banks to transact anything, deposit money, withdraw money or do any other transaction. Government treasury transactions could not be done, import and export transactions were hit, money market operations were not possible," AIBEA general secretary C H Venkatachalam told newspersons.