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The United Forum of Bank Unions said, "All nationalized banks will be closed on Tuesday, while the Aryavarta Officers Association has made a decision to join the strike with nationalized banks and join the strike".

"The one-day banking strike has been successful as close to 9,500 ATMs and around 3,000 branches are closed with 70,000-100,000 bank employees participating in the protest in West Bengal", AIBEA's (West Bengal) General Secretary Rajen Nagar said in Kolkata.

Almost 10 lakh bank employees will see participation in the strike that is against the government's move to privatise Public Sector Banks and plan to merge and consolidate them.

Venkatachalam, also stated that the government should abolish the bank board bureau and ensure stringent measures to recover the outstanding loans and accountability of top executives.

General Secretary of All India Bank Employees, CH Venkatachalam said, "We wanted an assurance from the Prime Minister and the Finance Minister that there will be no privatization of banks and no mergers of public sector banks".

The Indian Banks' Association earlier notified customers that services may take a hit.

Protesting consolidation of banks, loan defaults by large borrowers and inadequate capital support, bank unions will observe a nationwide strike today.

Demonstrations were held at the regional and zonal offices of the banks.

“The strike was 100 per cent successful in Assam and other parts of the Northeast.

Bank mergers would result in closure of bank branches as is happening in the SBI now after merger of Associate Banks.

Thousands of employees of state-run banks began day-long strike in cities and towns across Karnataka, affecting cash and other transactions for the day, said a report from Bengaluru.

Over 10 lakh employee and officers will be going ahead with the strike on Tuesday bringing the banking operations to a halt. The government should allow banks to take criminal action against the defaulters. The worst affected were cheque clearing operations.


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