Gandhinagar: The public sector banks across the state will observe a strike on 23rd and 24th February to protest the proposed privatization of public sector banks as part of Banking Regulation (Amendment) Bill.

The public sector banks of the state will be joining the nationwide strike by banks and other central trade unions on 23rd and 24th February. Around 3669 branches of nationalized banks are likely to remain closed during the 2-day strike in the state. The transactions worth Rs 17,000 crore are likely to take a hit because of the strike. Around 50 thousand employees of banks will join the strike. However, the employees of the State Bank of India haven’t yet shown support. The bankers are also opposing the proposed amendments in labour laws in addition to the bid for privatization.