As a move to protest against merger of Public Sector Banks (PSBs), around four lakh bank employees across India are all set to go on a two-day nationwide strike on September 26 and September 27. According to  Secretary of All India Bank Officers' Confederation's (AIBOC), Tamil Nu unit, R Sekaran, four organizations representing four lakh employees will go on a strike for two days to oppose merging of public sector banks, as move is against general public. He furr accused centre of taking a 'unilateral action'.

Bankers' demands 

According to reports, bankers will be demanding ir pending w revision and reduction in service charges levied by banks on customers. Furr, y will also demand to ensure equate staffing. According to Sekaran, four lakh banking employees will participate in strike. Along with this, around Rs 48,000 crore worth of transactions will be affected in one day. Speaking about inconvenience caused to customers due to strike, Sekaran stated that y are fighting for general public. He also stated that y h me several agitations into matter, but received avail. He asserted that public sector banks should continue to exist. 

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Merging of banks 

Finance Minister Nirmala Sitharaman on August 30 h anunced four big Public Sector Bank mergers. According to government, 10 public sector banks are merged into four parts, as a move to boost ecomic reforms. She listed enhanced network of branches due to merger. Speaking about vants of merging banks, FM Sitharaman has said that re will be great cost reduction due to network overlaps and cost-saving for joint ventures among ors. India will w have 12 Public Sector Banks from 27 Public Sector Banks after merger.

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(WITH ANI INPUTS)