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Bank strike | Several PSB branches, ATMs may be shut; SBI branches to remain open

"The membership of our bank employees in unions participating in strike is very few, so the impact of strike on Banks operation will be minimal," SBI said in a filing to stock exchanges last week.

October 22, 2019 / 09:35 AM IST

Services at several state-owned banks may be affected on October 22 as some employee unions have decided to observe nation-wide strike to protest against bank mergers and fall in deposit rates. However, operations at over 22,000 branches of India’s largest lender State Bank of India are unlikely to be affected.

"The membership of our bank employees in unions participating in strike is very few, so the impact of strike on Banks operation will be minimal," SBI said in a filing to stock exchanges last week.

Also, officers and private sector banks are not part of the strike call given by All India Bank Employees Association (AIBEA) and Bank Employees Federation of India (BEFI).

Most of the banks, including the country's largest lender State Bank of India (SBI), has already informed customers about the strike and its impact on them.