Banking services in the country would be hit from Monday, with staff of both public and private sector banks planning a two-day strike against the proposed banking sector reforms and for immediate revision in wages.
Financial transactions in Nagaland came to a grinding halt on Wednesday as nationalised bank employees in the state joined the country-wide agitation called by National Confederation of Bank Employees.
Bank employees owing allegiance
to four Left-leaning unions today went on a strike protesting
the proposed merger of the State Bank of Indore with parent
SBI, disrupting normal banking operations in the country,
a top union official said.
Employees of state-run banks across India struck work for the second day on Friday demanding higher salaries, aggravating hardships faced by retail and corporate customers as ATMs ran dry and bulk cash transactions were hit.