Bank strike today: Services to be hit across India as 1 mn bankers protest
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Banking operations across the country will be affected on Tuesday with around one million bankers going on strike pressing various demands.
"All India State Bank Officers' Federation and All India State Bank of India Staff Federation, being part of UFBU (United Forum of Bank Unions), will also participate in the strike. It is likely that our Bank would also be impacted by the said strike," the State Bank of India (SBI) had said earlier in a regulatory filing in the BSE.
The strike call was given by the UFBU — an umbrella body of nine unions, including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW). The UFBU is protesting against reforms in the banking sector and other issues.
According to union leaders, around one million bankers working in around 132,000 branches will be on strike on Tuesday.
Most banks have already informed their customers that functioning of branches and offices will be impacted.
Operations at private lenders like ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank are expected to be normal except delays in cheque clearances.
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