Normal operations in public sector banks, including cheque clearances and fund transfers, were today hampered for the second day . Employees of 24 public sector banks (PSBs) and 12 private banks participated in the two day strike yesterday, which led to hampering of banking operations.
Our correspondent reports, unions are protesting against reform measures such as the Banking Sector Laws Amendment Bill which seeks to remove restrictions on voting rights of foreign shareholders and increase voting rights of private investors in the PSBs.