Shillong,Aug.22: Banking operations in the state had paralysed as the Meghalaya state unit under the aegis of the United Forum of Bank Unions (UFBU) on Tuesday joined the All India Bank Strike along with the bank unions in the rest of the country.

The nationwide strike has been called in protesting against the alleged anti-people banking reforms, inadequate capital support for banks and loan defaults by large borrowers. The strike which has been called by the United Forum of Bank Unions (UFBU) is an umbrella body of nine unions including the All Indian Bank Officers Confederation and All India Bank Employees’ Association (AIBEA).

Speaking to reporters Biman B Bhattacharya, convenor of UFBU, Meghalaya, said that the union has not strike for any financial benefits but for the retention and prestige of the employee.

The strike is to fight against all the government policies which are against the labourer and common people. Governments have taken steps in the name of development by taking money from the common people and used it for the development, may be.

Increasing in GST from 15% to 18% have burdened the customers ,in which they had question the bank as to why they have increased but it is the government who have take the move, Bhattacharya said.

Other demands include the anti-people banking reforms, privatization and mergers and resolution of issues relating to employees.