“Up to one million Indian public sector bank employees started a two-day nationwide strike on Wednesday, protesting against reforms that they fear could lead to mergers and job losses. Nearly 87,000 branches were expected to remain closed, but the Indian Banks’ Association (IBA) said most private and foreign banks would continue to operate. Public sector banks employ over one million people and control about 75 percent of India’s banking business, but disruption to automated teller machines (ATMs) was expected to be limited as they are privately run.”
http://www.rawstory.com/rs/2012/08/22/indian-public-sector-banks-launch-two-day-strike/
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