rahul1117kumar
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Banking services might be affected next week as two bank unions have threatened to go on a 24-hour long strike on October 22 to protest against the recent bank mergers, falling deposit rates and a call for job security, according to several reports.
The two unions — the All India Bank Employees' Association (AIBEA) and the Bank Employees Federation of India (BEFI)— have informed the Indian Banks' Asociation via a notice that they will go on strike from 6 am on October 22 to 6 am on October 23, as per a Mint report. However, the country's largest lender, the State Bank of India (SBI), in a notice to the exchanges, has said that the impact of the proposed strike on its operations is expected to be minimal.
Bank strike: Employees of two unions threaten stir on October 22
The two unions — the All India Bank Employees' Association (AIBEA) and the Bank Employees Federation of India (BEFI)— have informed the Indian Banks' Asociation via a notice that they will go on strike from 6 am on October 22 to 6 am on October 23, as per a Mint report. However, the country's largest lender, the State Bank of India (SBI), in a notice to the exchanges, has said that the impact of the proposed strike on its operations is expected to be minimal.
Bank strike: Employees of two unions threaten stir on October 22
