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4 mn cheques will be held up due to bank strike: Employees' association

With branches closed, cash transactions are also set to take a hit

Theday-longstrikecalledbyninebankunionsonWednesdaywillholduptheclearanceofatleast3millioncheques,wortharoundRs23billion,theAllIndiaBankEmployees'Association(AIBEA)hassaid.Around1millionbankemployeesandofficersareparticipatinginthisstrike,theassociationhasclaimed.   Thisisgointobecaptionforimage Thestrikehasbeencalledtoprotestagainstthegovernment’srecentdecisiontomergeBankofBaroda,DenaBankandVijayaBanktoformasinglebankafterclosingdownthetwoother ...

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4 mn cheques will be held up due to bank strike: Employees association

Commentary  Heading 100

4 mn cheques will be held up due to bank strike: Employees association

4 mn cheques will be held up due to bank strike: Employees association

India budget 2019

4 mn cheques will be held up due to bank strike: Employees association

new budget

4 mn cheques will be held up due to bank strike: Employees association

DHFL was founded in 1984, to provide financial accessibility to lower and middle income customer segments among semi-urban and rural population in India.

4 mn cheques will be held up due to bank strike: Employees association

On an intra-day basis, the scrip had slumped over 12 per cent to touch a low of Rs 164.50 per share.

4 mn cheques will be held up due to bank strike: Employees association

Accordingly, the company's scrip at the BSE closed more than 8 per cent or Rs 14.80 lower to Rs 170.05 from its previous close of Rs 184.85.

4 mn cheques will be held up due to bank strike: Employees association

The scrip of housing finance company DHFL closed over 8 per cent lower on Tuesday as an investigative media report alleged siphoning off of Rs 31,000 crore from the company by its promoters.

4 mn cheques will be held up due to bank strike: Employees association

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4 mn cheques will be held up due to bank strike: Employees association

4 mn cheques will be held up due to bank strike: Employees association

First Published: Wed, December 26 2018. 15:37 IST
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4 mn cheques will be held up due to bank strike: Employees' association

With branches closed, cash transactions are also set to take a hit

Theday-longstrikecalledbyninebankunionsonWednesdaywillholduptheclearanceofatleast3millioncheques,wortharoundRs23billion,theAllIndiaBankEmployees'Association(AIBEA)hassaid.Around1millionbankemployeesandofficersareparticipatinginthisstrike,theassociationhasclaimed.   Thisisgointobecaptionforimage Thestrikehasbeencalledtoprotestagainstthegovernment’srecentdecisiontomergeBankofBaroda,DenaBankandVijayaBanktoformasinglebankafterclosingdownthetwoother ...

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