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Friday, June 1, 2018

All India Public Sector Bank 2-day Strike May 29-30,2018

Banking services remained interrupted across the country for the second day on Wednesday May 30,2018 with over 10 lakh bank employees going on strike against a proposal for a meagre wage hike of 2 per cent.

Nine bank unions under the umbrella United Forum of Bank Unions (UFBU) had decided to strike work after talks with the Indian Banks’ Association for wage negotiation failed. The IBA had proposed a wage hike of 2 per cent, which the bank unions termed ‘meagre’.
Bank unions are hoping for further negotiations with the IBA in June.

“Wage revision of bank employees was pending since November 2017, and the unions had submitted a charter of demands in July last year. After the strike, we will decide the future course of action and it may be a long strike, including indefinite strike,” said Ashwini Rana, Vice-President, National Organisation of Bank Workers.


Banking services remained interrupted across the country for the second day on Wednesday with over 10 lakh bank employees going on strike against a proposal for a meagre wage hike of 2 per cent.

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