| |
| | |  Advertisement | | |
| |
September 26, 2007 15:26 IST
Work at the Regional Office of the Reserve Bank of India [Get Quote] was affected due to a strike today by the employees demanding recruitment of Class III staff and ban on outsourcing of core functions of the apex bank.
A statement issued by the Reserve Bank Employees Association said that acute shortage of Class III employees was affecting operations, particularly currency management.
As a result of the strike, cheques amounting to Rs 3000 crore (Rs 30 billion) were pending clearance. Inter-bank transaction through RTGS was also brought to a halt, the statement said.
© Copyright 2007 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
|
| |
Email this Article 
Print this Article