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Bank staff strike hit transactions
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More features on Banking

Bank staff strike hit transactions

All public sector banks except SBI participated

Hyderabad, July 28, 2006

The strike by employees and officers of all public sector banks except State Bank of India (SBI) who are members of the three apex level organizations AIBEA, AIBOA AND BEFI went on strike and is in total. Cash and across the counter transactions were paralyzed in the banks. The State Government employees salaries are likely to be delayed due to the strike.

The employees demands include withdrawal of RBI circular on out sourcing of banking services, dropping the move to amend Section 12 (2) of the Banking Regulation Act on removal of ceiling voting rights in banks, filling of nearly one lakh vacancies.

According to a spokesman of public sector bank employees union, customers did not affect much on Friday as the banks ATM centres had sufficient cash. Members of the All India Andhra Bank Award Employees Union, affiliated to AIBEA struck work in response to the call given by the three unions.

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Andhra Pradesh on July 28, 2006

Stage set for first phase PR polls
Elaborate arrangements including heavy police force

State Government announced new land acquisition policy
Farmers and land owners to get a share

Bank staff strike hit transactions
All public sector banks except SBI participated

Nagarjuna Constructions gets Rs 118 Crore order
Projects on Road Building and dam construction

Bheema is mascot for CM Cup Sports Meet
State-level sports meet to be held in September

July 28 in History

Events and happenings on 28 July in History

28 July 2001
Highlights: Sri Gyaneswar elected ZP Chairman in Rangareddy

28 July 2002
Highlights: Special Packages for World Telugu Conference

28 July 2003
Highlights: Guntur-Hubli Passenger Train derails in Karnataka

28 July 2004
Highlights: People's War Warangal meeting a grand success

28 July 2005
Highlights: CM proposes incubation for IT Companies

28 July 2006
Highlights: Bheema is mascot for CM Cup Sports Meet

28 July 2007
Highlights: Statewide Bandh for Bhu Poratam turns violent