Bank strike hits services in around 80000 branches

TIL Desk/Business/New Delhi-Services at around 80,000 bank branches in the country were hit today as employees of public sector banks went on a one-day strike to protest proposed merger of SBI associates with the parent and other issues.

However, private sector banks like ICICI Bank were working as usual. Most of the public sector banks including SBI had earlier informed their customers of inconvenience if strike materialises.

The United Forum of Banks Unions (UFBU), an umbrella organisation of nine bank employees and officers unions representing 8 lakh staffers, has gone ahead with the strike, affecting services like cheque clearances, cash deposit and withdrawal at branches and other facilities.