Fri, Jul 29, 2016, 12:43 PM
Public Sector Undertaking banks employees have launched strike. The employees have launched strike in protest against the central government's banking policies. The banking sector unions have given the strike call protesting against the merger of the five associate banks of the State Bank of India (SBI) with SBI and the privatisation of IDBI Bank. The names of associate banks of the State Bank of India for merging are the State Bank of Bikaner and Jaipur (SBBJ), State Bank of Travancore (SBT), State Bank of Patiala (SBP), State Bank of Mysore (SBM) and State Bank of Hyderabad (SBH) with the SBI.