December 16, 2009 11:04 AM

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Employees begin nation-wide strike

Normal banking operations were affected today as the bank employees went on a one-day nation-wide strike. They are protesting against the proposed merger of the State Bank of Indore with its parent SBI. All India Bank Employees' Association (AIBEA) General Secretary, C H Venkatachalam said there should be no consolidation in the public sector banks in the name of creating global size bank.<br/><br/>PSU banks control about 70 per cent of the banking operations in the country.<br/><br/>

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