85,000 branches shut as 10 lakh bank employees go on strike
Around 85,000 branches of several state-owned banks will remain closed tomorrow as nearly 10 lakh employees have gone on a two-day strike in protest against a nominal 2% wage hike. The strike is likely to affect â¹10,000-crore worth transactions daily. However, operations in private banks like ICICI and Axis Bank are almost normal, barring few activities like cheque clearance. 