"All I can say is that I am really disheartened to know that the bank strike is taking place. In fact, I had conducted a conciliation meeting on 26 of this month which was attended by representatives of all India Bank Associations, Management and the Ministry of Finance", Nayak told PTI here.
Stating that the issues concerning the employees were discussed in detail during the meeting, he said, "the major issues they raised were regarding privatisation of banks and recovery of bad loans from public sector banks".
"But I am very sad to know that it has taken place today", he said.
United Forum of Bank Unions consisting of nine trade unions called the strike in which 10 lakh bank employees and officers participated.
Nayak was here to participate in a conference "Effective Enforcement of Labour Laws" held between employees, trade unions and government officials.