Banks to go on nationwide strike on August 22 opposing reforms

Chennai: The United Forum of Bank Unions (UFBU) has given notice of their decision to go on nationwide strike on August 22 to protest reforms in the banking sector and other issues, said a top union leader on Monday.

"We have given a strike notice. The strike will be on August 22 spread over the entire banking sector," All India Bank Employees' Association (AIBEA) General Secretary C.H.Venkatachalam said.

Also Read: Indian equity markets open with marginal gains | Nifty up

The strike notice was given couple of days back, he said.

The UFBU, comprising nine unions in the banking sector, also urged the Indian Banks Association (IBA) to expedite wage revision and other issues.