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Saturday, 25 February 2017

Reality Check on Bank Strike

Bank Strike...
A reality Check
Last time a strike was organized on September 2, 2016, the " rich" workmen unions joined the strike while the "poor" officer unions withdrew from it. No major impact noticed in banking as people had alternative cash filled ATMs, Mobile Banking Net Banking etc.

Even a leading newspaper had also reported that the strike had no major impact on cash transactions and public suffering was minimal.
Now after demonetization there has been a surge in digital transactions woth people switching to more and more Internet Banking Mobile Banking Debit Card Credit Card and app bases transactions.
So how far is it going to impact the business on a single day? How the public suffering is justified?
Further is the Govt is adamant in its decision....

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