Bank strike today: Branches, ATMs likely to be shut as union protest against mergers

Banks strikeBanking operations across the country are likely to be hit today as employees from two bank unions are calling an all -India bank strike for 24-hour. 

Apart from the two unions participating in the strike, other unions have also extended their support to them.The unions are sitting on strike due to their objection against the Narendra Modi-led government’s decision to merge ten public sector banks into four bigger banks.

Although the largest bank of India, the State Bank of India (SBI), believe to have minimal impact on its operations, several other PSU banks like Bank of Baroda have already warned of disruption in their banking operations. 

Bank employees’ union leaders have also threatened to close the ATMs, according to a PTI report.

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