PSU bank employees go on strike; services hit

Services like deposits and withdrawal at bank branches are affected

Normal banking operations have been hit as public sector bank (PSB) employees went on a one-day nationwide strike on Tuesday to protest against the government’s proposed consolidation move, besides raising other demands.

Services like deposits and withdrawal at bank branches, cheque clearance, NEFT and RTGS transactions are affected.

However, operations at private lenders such as ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank were almost normal.

The Indian Banks’ Association had already informed customers that functioning of branches and offices may take a hit if the strike takes off. It had also asked banks to take measures in