Know the reason behind banking strike today

Zee Media Bureau

New Delhi: A section of public sector banks' employees went on a strike across the country to protest violation of bilateral settlement agreement by associate banks of SBI.

Banking operations were hit partially today as Some of the services, like cash handling at branch level and clearing of checks were affected in the banks

The strike call was given on December 28 to protest violation of the bilateral settlement by five associate banks of the SBI and their attempt to force unilateral service conditions on the employees.

Five subsidiaries of SBI are State Bank of Travancore, State Bank of Mysore, State Bank of Patiala, State Bank of Hyderabad and State Bank of Bikaner and Jaipur.

With PTI Inputs