Lukewarm Effect of the Day-long Bank Strike in Patna

Government bank employees on strike in Patna on Tuesday.

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Patna: Hundreds of thousands of government bank employees on Tuesday took part in a day-long strike jointly called by the All India Bank Employees Association (AIBEA) and Bank Employees Federation of India (BEFI) disrupting financial transaction across the state causing an estimated loss in transaction to the tune of Rs. 10,000 crore.

Over 30,000 bank employees stood outside their respective banks and chanted anti-government slogans to condemn its attempt to privatize many nationalized banks and also the proposed merger of many large banks.

Officials said out of 4042 nationalized bank branches in Bihar, 770 took part in today's strike affecting business in excess of Rs. 10,000 crore.

The day-long bandh had also the backing of the All India Bank Officers' Association (AIBOA) whose representatives said that the demands had nothing to do with the bank employees but were in the interest of the consumers and small business owners.

While many of the banks in Patna had their shutters down all day, others like the State Bank of India, Grameen Bank, Cooperative banks and a number of private banks remained open and functioned normally making the strike less effective than the protestors had expected.

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