New Delhi, Oct 18 (TIWN) Banking services could be affected next week as two bank unions have warned they will go on a 24-hour long strike on October 22 to protest against the recent bank mergers, falling deposit rates and a call for job security.

The two unions - the All India Bank Employees' Association (AIBEA) and the Bank Employees Federation of India (BEFI) - have informed the Indian Banks' Association (IBA) through a notice that they will go on strike from 6 am on 22 October to 6 am on 23 October.

State Bank of India (SBI) has already said the impact would be minimum as most of its employees are not members of the participating unions.