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Nationwide bank strike: Banking operations hit

Dec 26, 2018 15:51 IST

Nearly 10 lakh employees from public, private and foreign banks are on the streets, due to a nationwide strike call given by the United Forum of Bank Unions to protest against the merger of Dena Bank and Vijaya Bank with Bank of Baroda. The strike has affected banking operations like deposits and withdrawal at branches, cheque clearances and issuance of demand drafts. The merged entity of the 3 banks will have a combined business of ₹14.82 trillion, emerging as the third largest bank after the State Bank of India (SBI) and HDFC Bank.

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