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CRIPPLING effect: Bank strike hits services across the country

<p>All over the country, about 10 crore cheques worth Rs.7,40,000 crore could not be cleared on Monday, the All India Bank Employees' Association (AIBEA) revealed</p>

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New Delhi: Banking operations across India were hit on Monday as members of an umbrella trade union of 47 banks began a two-day strike, opposing the proposed banking sector reforms and demanding immediate revision in wages.

Over a million bank employees and officers working in 27 public sector banks, including the State Bank of India, 12 private and eight foreign banks and regional rural banks struck work, the United Forum of Bank Unions (UFBU) said.

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