PSU bank strike starts today

Cheque clearances and cash withdrawals and deposits in public sector bank branches across the country were hit as employees started a two-day strike today to press for a revision in wages. Employees are compelled to take this route as the Indian Banks' Association (IBA) did not come up with an improved wage offer, United Forum of Bank Unions (UFBU) Convener M V Murali said.

Read the Economic Times news report here.