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Bank unions to go on 2 days nationwide strike from today

Reported by:  PTC News Desk  Edited by:  Nimrat Kaur -- May 30th 2018 08:32 AM -- Updated: May 30th 2018 09:04 AM
Bank unions to go on 2 days nationwide strike from today

Bank unions to go on 2 days nationwide strike from today

Bank unions to go on 2 days strike on May 30, Services to be impacted Bank unions of state-owned and private banks across the country will be on strike on Wednesday and Thursday. The strike will be to press for a revision of wages they say is due since November 2017. The strike will start at 6am has been proposed by the United Forum of Bank Unions (UBFU). It is in protest against the Indian Banks Association’s proposal to offer a 2% hike over the total wage bill of the banks as on March 31, 2017. Bank unions to go on 2 days strike on May 30, Services to be impacted Operations at bank branches and ATMs are likely to be impacted. “The strike notice has been served to Indian Banks Association (IBA) representing the bank management and the Chief Labour Commissioner (Central), New Delhi,” CH Venkatachalam, general secretary, AIBEA, told news agency IANS. UBFU Convenor Devidas Tuljapurkar said, “It is only because of provisions towards NPAs that banks have booked losses, and for this, bank employees are not responsible.” -PTC News


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