Banking services across the country have got affected as nearly 1 million public sector employees have gone on a two-day strike, which kicked off at 6 am today.
Normal banking operations have got affected with people fearing that ATM services might run dry affecting cash withdrawal by tomorrow. The salaried class will also bear the brunt of bank strike as now the salary will not get credited before May 1.
The United Forum of Banking Unions (UFBU), an umbrella body of nine bank unions, has called for a bank strike against two per cent wage hike proposed by the Indian Banks’ Association (IBA).
Vice-President of National Organisation of Bank Workers, Ashwani Rana told ANI, “On 30 and 31st May, 10 lakh bank employees all over India will be on strike over the issue of wage revision.”
IBA has refused to give wage revision on the ground of huge amount of bad debts on the balance sheet of banks.
Banking transactions worth about Rs 21,700 crore could not be put into effect across the country for the second day in succession. A total of banking transactions worth about Rs 43,400 crore were affected during the two-day strike.
On Wednesday, C. H. Venkatachalam General Secretary, All India Bank Employees’ Association told IANS the unions had requested the IBA to come up with better offer than the mere two per cent hike offer, so that the strike could be averted. He said the IBA was also asked not to delink the wage negotiations for bank officers in the Scales 4-7. The IBA did not do anything.
“It is the IBA which has put the banking public to trouble and not the unions. The unions had given strike notice 20 days before the actual strike. The IBA did not respond to that,” C.H. Venkatachalam, General Secretary, All India Bank Employees’ Association (AIBEA) told IANS.
Bank employees participate in rallies in support of their nationwide strike from Banking Street in Mumbai to Azad Maidan in Delhi
Bank employees participate in rallies in support of their nationwide strike from Banking Street in Mumbai to Azad Maidan in Delhi
Bank employees participate in rallies in support of their nationwide strike from Banking Street in Mumbai to Azad Maidan in Delhi
Kolkata: Bank workers hold protest demanding an immediate wage revision. United Forum of Banking Unions (UFBU), an umbrella body of nine bank unions has called for a 2-day nationwide bank strike. #WestBengal pic.twitter.com/sSbDU96V1G
— ANI (@ANI) May 30, 2018
As 2-day banks strike called by United Forum of Banking Unions (UFBU) over wage revision begins, ATMs run out of cash in Moradabad. Locals say, “We are facing problems because there is no cash in the ATMs around. Even there are connectivity issues- Reports ANI
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