Mumbai, Nov 19: Major banking transactions took a hit today as over 17,000 employees of RBI went on ‘one-day mass casual leave’ protesting against reform measures of the central government and seeking better retirement benefits.
Among the services that were affected were cheque clearances, payments and settlements and forex transactions.
The protest — the first at the apex bank in six years — was called by the United Forum of Reserve Bank Officers and Employees, the umbrella organisation of four recognised unions of officers and other employees at the central bank.
The unions are opposing the government’s move to take away the public debt management from the Reserve Bank and curtail its powers on the monetary policy.
The unions are also demanding up gradation of pension of employees who retired earlier and want them to be at par with those retiring now.
However, RBI made all efforts to keep the RTGS facility open.
