Is SBI closed today due to strike? The State Bank of India or SBI will remain operational today as the largest commercial bank in India is not part of the all India bank employees 24-hour strike. In fact, SBI, regional and rural co-operative banks are likely to remain operational even though the two banking unions have called for a 24-hour strike against government’s plans to merge PSU banks. SBI online too will remain unaffected for bank account holders.
According to the Zee Business Digital sources at the SBI, the State Bank of India is not joining the bank strike today and the SBI banking services including SBI bank ATMs, will remain open for its customers as it remains on normal working days. The source went on to add that the membership of SBI bank employees in bank unions participating in the strike is very few, so the impact of the strike on SBI’s Banking operation will be minimal. SBI being the largest Indian commercial bank has over 22,000 branches at pan India level, will have very little impact on its banking services as only a few SBI employees are participating in this strike.
Banking services are expected to get hit today as the PSU bank employees have called for a 24-hour strike against the central government’s plan to merge PSU banks. Two bank unions — All India Bank Employees’ Association (AIBEA) and the Bank Employees Federation of India (BEFI) have called for a 24-hour nation-wide bank strike on October 22 to register their protest against the mega bank merger plans of the central government.