Bank operations to be hit as trade unions observe strike

Operations at public sector banks are likely to be hit today with the trade unions observing a one-day strike to press for wage revision and other demands.

Banks including, country's largest lender State Bank of India (SBI), have informed customers about the likely inconvenience due to the strike.

The strike call has been given by the United Forum of Bank Unions (UFBU), an umbrella body of all bank unions.

There are 27 public sector banks in the country with employees strength of about 8 lakh.

There are about 50,000 branches of these banks across the country.