Over 50,000 employees of nearly 60 public sector banks across Gujarat will join the nationwide strike called by the All India Reserve Bank Employees Association (AIBEA) on Wednesday.

The strike has been called to protest against job losses and outsourcing of work. The Communist Party of India (CPI) has extended its support to the strike.

In Ahmedabad, employees will take out a protest march outside Dena Bank's main branch on Asram Road.

Dushyant Trivedi, president of the Maha Gujarat Bank Employees Union, said that one lakh recruitments have been stalled all over the country, even as RBI's policies have been encouraging outsourcing and privatisations.

According to the union, while the RBI is handing out bank licenses and upgrading its technology on one hand, on the other, it is reducing the employee strength and outsourcing jobs.

The RBI is withdrawing from all operational activities and is thus, contributing to the detriment of the national economy, they claimed.