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Banking services were disrupted in India on Tuesday has nearly 300,000 employees of state-run banks staged a 24-hour strike. Staff took to the streets across the country to protest against recent bank mergers falling deposit rates and lack of job security. Back in August, the government announced plans to merge ten state-owned banks into four, saying it would help boost economic growth. Bank employees say the merger will harm low-income citizens and benefit the corporate industry.
