Bank Strike Halts ₹2500 Crore Transactions in Lucknow; 5-Day Work Week Demanded

• A nationwide bank strike by the United Forum of Bank Unions last Tuesday led to the closure of banks.
• Over 16,000 bank employees from 905 branches in Lucknow participated, disrupting services.
• Transactions worth approximately ₹2500 crore were stalled in Lucknow due to the strike.
• Traders, entrepreneurs, and common people faced difficulties with pending payments and check clearings.
• Bank employees demand a 5-day work week, willing to work an extra 40 minutes daily for Saturday holidays.

Why It Matters: A bank strike for a 5-day work week caused ₹2500 crore transaction gridlock in Lucknow.