Millennium Post

Banking operations may be affected today

Banking operations may be affected today

New Delhi: Services in state-owned banks may be affected as some of the employees' unions have decided to observe nationwide strike on Tuesday to protest against bank mergers and fall in deposit rates.

However, officers and private sector banks are not part of the strike call given by the All India Bank Employees Association (AIBEA) and Bank Employees Federation of India (BEFI).

Most of the banks, including the country's largest lender State Bank of India (SBI), has already informed customers about the strike and its impact on them.

"The membership of our bank employees in unions participating in the strike is very few, so the impact of the strike on Banks operation will be minimal," SBI said in a filing to stock exchanges last week.

Last month, officers' unions had called a two-day all India bank strike on September 26 and 27, which was later withdrawn following the government's intervention.

Agencies

Agencies

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