The 2-day bank strike could impact withdrawal and cash deposit in the branches of public sector banks. UFBU has notified 48-hour-kong strike starting at 6:00 am on May 30 SBI has warned that strike could impact operations Bank employee unions against 2% wage hike offered by IBA Banking operations could be hit as nearly 10 lakh employees of state-run banks go on a two-day strike starting today, to press for wage hikes. 21 public sector banks control 75 per cent of the total business in the country. Withdrawal and cash deposit in the branches of public sector banks would be affected. The month-end strike comes at a time when many employers process the salaries of staff. However, the functioning of private banks like ICICI, HDFC Bank, Axis and Kotak Mahindra is expected to be normal except for delays in cheque clearances. Some banks have already warned of the strike impacting their banking operations. SBI , the country's largest bank, in a statement to exchanges on M
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