National news

Banks On Strike For 2 days, ATM Services May be Hit

NEW DELHI: Banking activities in public sector banks across the country have been interrupted as employees go on 2 days nationwide strike against the meagre 2% salary hike offered by the management- Indian Banks Association. However, operations in the private banks like HDFC Bank, ICICI Bank, Axis Bank were almost normal, barring few activities including cheque clearance.

Salary withdrawals from branches are likely to get affected since the strike coincides with the month end. ATMs may also take a hit.

The meeting called by the Chief Labour Commissioner for a reconciliation failed on wage revision, all the 9 constituents of United Forum of Bank Unions (UFBU) have decided to continue with strike call, All India Bank Officers Confederation (AIBOC), an affiliate of UFBU, said in a statement.

“It is kind of an insult to the employees of public sector banks…to be offered this kind of meagre hike. We had no other option but to go on strike, forgoing two days’ salary,” All India Bank Officers’ (AIBOC) joint general secretary Ravinder Gupta said.

Most of the banks, including Bob, SBI, and PNB, have already informed their customers about the functioning of branches and offices due to strike.



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