Chennai, May 11: The National Organisation of Bank Workers (NOBW) and other banking organisations have called for a nation-wide strike of banks’ staff on 30th and 31st May over their demand of early wage revision. Over 10 lakh bankers in government and private banks will go on a 48-hour strike starting on May 30, said an All India Bank Employees Association (AIBEA) leader. Also Read - Bank Strike Day 2: ATMs to Run Dry, Salaries May Get Delayed as PSUs Continue Protest

The United Forum of Bank Unions (UFBU) proposed the strike beginning 6 a.m. on May 30, till 6 a.m. on June 1, demanding early revision of wages. The wage revision has been due since November 1, 2017. Also Read - Bank Merger Will Not Help Recover Bad Loans: AIBEA

“The strike notice has been served to Indian Banks Association (IBA) representing the bank management and the Chief Labour Commissioner (Central), New Delhi,” C.H. Venkatachalam, General Secretary, AIBEA, told IANS. Also Read - Bharat Bandh: SBI, Private Banks Continue Banking Operations as Seven Unions Refrain From Participating in Strike

The UFBU is an umbrella body of nine unions in the banking sector representing staff and officers. Wage revision talks between UFBU and IBA held in Mumbai on May 5 had ended in a failure.

Venkatachalam said the IBA offered an increase of 2 per cent over the total wage bill of the banks as on March 31, 2017.

In the last 10th Bipartite Wage Settlement that was made effective from November 1, 2012, the IBA had agreed to a hike of 15 per cent over the total wage bill.

The unions had rejected the IBA offer, Venkatachalam said.

While the government had asked the IBA to conclude the wage revision settlement before November 1, 2017, the latter has been delaying, he said.

(Inputs from IANS)