Two pubic sector bank unions take part in the strike on October 22&amp;nbsp;&amp;nbsp;in response to the mega merger of PSBs announced by Finance Minister Nirmala Sitharama in August.

Bank unions go on first major strike against merger

Out of nine public sector bank unions, two workmen unions &amp;mdash; All India Bank Employees&amp;rsquo; Association (AIBEA) and Bank Employees Federation of India (BEFI) are backing the strike. The two unions represent almost 50 per cent of about 800,000 public sector bank employees in the country. &amp;nbsp;

Banking operations across India hit as employees of two bank unions sit on a 24-hour bank strike

Much of the protests against the merger are clouded by the ongoing bipartite agreement in the banking sector for wage revision. Also, while there is no divergence in views between officers and workmen unions over merger, there is neither any stated agreement over protests against merger.

Merger clouded by bipartite agreement

Services like cash deposit and withdrawal at the counter, and cheque clearances have been impacted due to the nationwide strike.

Nearly 3,00,000 bankers across the nation refused to work on Tuesday

Cash deposit and withdrawal, and cheque clearances have been impacted due to the nationwide strike

A closed SBI branch as the bank employees' went on a two-day nationwide strike to press for wage revision, in Bhopal on Wednesday, May 30, 2018.

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			Bank unions go on first major strike against merger</h2>
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			Photo- Kamlesh Pednekar</div>
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				Two pubic sector bank unions take part in the strike on October 22&nbsp;&nbsp;in response to the mega merger of PSBs announced by Finance Minister Nirmala Sitharama in August.</p>
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			Banking operations across India hit as employees of two bank unions sit on a 24-hour bank strike</h2>
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			Photo- Kamlesh Pednekar</div>
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				Out of nine public sector bank unions, two workmen unions &mdash; All India Bank Employees&rsquo; Association (AIBEA) and Bank Employees Federation of India (BEFI) are backing the strike. The two unions represent almost 50 per cent of about 800,000 public sector bank employees in the country. &nbsp;</p>
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			Merger clouded by bipartite agreement</h2>
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			Photo- T E Narasimhan</div>
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			<p>
				Much of the protests against the merger are clouded by the ongoing bipartite agreement in the banking sector for wage revision. Also, while there is no divergence in views between officers and workmen unions over merger, there is neither any stated agreement over protests against merger.</p>
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			Nearly 3,00,000 bankers across the nation refused to work on Tuesday</h2>
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			&nbsp;</div>
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				Services like cash deposit and withdrawal at the counter, and cheque clearances have been impacted due to the nationwide strike.</p>
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Banking services take a hit as two employee unions call for strike

Business Standard

Banking services take a hit as two employee unions call for strike | Current Affairs News National - Business Standard

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Banking services take a hit as two employee unions call for strike

Cash deposit and withdrawal, and cheque clearances have been impacted due to the nationwide strike

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