Insisting on their demands, the Public sector bank (PSB) employees have gone on a two-day long (30- 31 May) nationwide strike.
The strike called by United Forum of Bank Unions (UFBU) is to protest against a ‘meagre’ 2 per cent salary hike proposed by the Indian Banks’ Association (IBA).
It need be mentioned that UFBU is a parent body of bank unions including National Confederation of Bank Employees (NCBE), All India Bank Officers’ Confederation (AIBOC), All India Bank Officers Association (AIBOA) and Bank Employees Federation of India (BEFI).
As the two per cent wage hike failed to convince the bank unions, nearly one million bank employees have gone on strike.
With apprehension that bank withdrawals may get adversely impacted, the bank officials have assured that ATMs have adequately replenished prior to the strike to avoid public inconvenience.
The UFBU has demanded early wage review settlement, sufficient increase in salary and improvement in other service conditions and wage revision settlement for all officers up to scale VII.>