New Delhi: The central government announced the merger of ten public sector banks last month. Bank employees are angry with this move of the government. Therefore, the Indian Trade Union Congress (AITUC) has announced a strike on 22 October to protest against the merger of 10 banks. The All India Bank Employees Association and the Federation of Indian Bank Employees will also be involved in this strike. Banks may remain closed for 3 days before Diwali in case of a strike.

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Bank employees are opposing it. AITUC said in a statement that "we will be involved in a nationwide bank strike called jointly with the All India Bank Employees Association and the Indian Bank Employees Federation on October 22. The strike has been called by the government to protest against the four banks being formed by merging 10 public sector banks".

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According to the statement, Syndicate Bank, Corporation Bank, Andhra Bank, Allahabad Bank, United Bank of India and Oriental Bank of Commerce will now be closed. All these banks are doing well. The contribution of all banks is good in the economic development of the country. The statement said that "all these banks have their own history and over time they have become such big banks. The statement pointed out that while the State Bank of India and Bank of Baroda merged in the past, there is no evidence that any positive results have come from this".

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