Bank employees under the UFBU banner observed a dharna within the campus of State Bank of India on K G Road between 10.30 am and 12.30 pm.
Sambasiva Rao, AIDEA representative Yugandar and G. Vasudeva Rao of AIBOC were among those who addressed the employees.
General Secretary of All India Bank Employees, CH Venkatachalam said, "We wanted an assurance from the Prime Minister and the Finance Minister that there will be no privatization of banks and no mergers of public sector banks".
Pension should be revised whenever wages are revised but it was not done even once.
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United Forum of Bank Unions (UFBU) has given a call for one-day strike.
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The strike is expected to hit bank customers hard as despite digitization of banking services, a large number of customers are still dependent on manual bank operations.
Bank services at Public sector will be affected by the strike on Tuesday. "Bank employees and officers are conducting demonstration in front of banks' branches and ATMs", Das said.
"The strike is 100 per cent successful". Later, the UFBU submitted a memorandum of demands to the General Manager of SBI.
Thousands of employees of state-run banks began day-long strike in cities and towns across Karnataka, affecting cash and other transactions for the day, said a report from Bengaluru.
"What the government is planning in the name of bank reforms is destroying the stable banking system which has been of great support to the people of the country".
"The main and real problem facing the Banks today is the alarming increase in bad loans".
Chennai: Banking operations in Tamil Nadu were affected on Tuesday with around 55,000 bankers striking work pressing for their demands, said a top All India Bank Employees' Association (AIBEA) leader.