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Bank unions to go on two-day nationwide strike from tomorrow

bank strike

New Delhi: A two-day nationwide bank strike has been called from tomorrow. The bank employees’ strike will take place on May 30 and May 31, which could impact ATM services along with some of the other banking operations.

The bank unions have been pressing for various demands, including wage revision in the wake of the proposal for a 2% hike in their salary.

The Bank Unions have called for a strike to protest a nominal 2 percent wage hike offered by the Indian Banks’ Association (IBA). In the wage negotiation meeting held on May 5, 2018, IBA made a propositions to offer 2 percent hike in the wage bill cost as on March 31, 2017.It also maintained that the negotiations on officers’ demands would be restricted up to scale III officers only.

As per further reports, ATM guards are also expected to participate in the strike. Hence, even if banks replenish ATMs with third party, the security of the ATMs can not be ascertained, impacting the cash withdrawals.

Banks, however, have said that they will replenish the ATMs before employees go on strike to make sure that ATMs don’t go dry. Banks have also reiterated that online transactions will continue to work even as employees go on strike.

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