Banking operations could be hit for two days this week as a section of public sector bank employees have threatened to go on a nationwide strike beginning July 12 to protest against the proposed merger of SBI associates and privatisation of IDBI Bank, PTI reported. "As the conciliation meeting with the Chief Labour Commissioner failed, we would continue with our strike call," All India Bank Employees' Association General Secretary C H Venkatachalam told PTI.
All India Bank Officers' Association and State Sector Bank Employees' Association will also participate in the strike. The strike would be observed by five SBI associate banks on July 12, followed by other public sector banks next day on July 13.
Many banks including Bank of Baroda, State Bank of Bikaner and Jaipur and State Bank of Mysore have already informed that if strike materialised it could lead to inconvenience to their customers. In the event of the strike taking place, the normal banking operations may get affected on July 12 and July 13, State Bank of Mysore said in a statement.
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All India Bank Officers' Association and State Sector Bank Employees' Association will also participate in the strike. The strike would be observed by five SBI associate banks on July 12, followed by other public sector banks next day on July 13.
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