Operations with the public sector banks are likely to be hit as bank unions will be on a two-day nationwide strike beginning today (Friday). The bank strike has been called against the failure of wage revision talks with bank management. According to a notification by the State Bank of India, SBI operations are very likely to be impacted due to the bank strike. Services that may be affected include - cash deposit, withdrawal, cheque clearances, instrument issuance, and loan disbursement operations. According to a top All India Bank Employees' Association (AIBEA) leader, 10 lakh bankers in government and private sector will be on strike today.
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