Bank Employees Go On A Two-Day Strike From Friday
Asking for an increase in salary, apart from other demands, lakhs of bank employees have gone on a two-day nationwide strike from Friday.
The strike call has been given by the United Forum of Bank Unions and nine bank unions are part of this strike, including All India Bank Officers’ Confederation, All India Bank Employees’ Association and National Organisation of Bank Workers.
According to an estimate, around 10 lakh bank employees participated in the strike on the first day and on Saturday, February 1 too, employees in large numbers will take part in it. Banks will be closed on Sunday, February 2, and so, customers will now have to wait till February 3 to avail banking services. The functioning of public sector banks has been severely impacted due to this nationwide strike. Apart from the regular services, cash deposit, cash withdrawal, cheque clearance and release of loan amount also remained unavailable. Before going on the strike, talks between representatives of bank unions and bank management had remained inconclusive. Bank unions are demanding a minimum increase of 20% in employees’ salary. Apart from this, their demands include five-day working week, merging of special allowance in basic pay, improvement in family pension, keeping retirement benefits out of the purview of income tax, equal salary for contract and business correspondents and others. Bank unions began this strike on the day when the Parliament’s Budget Session started and the Economic Survey was presented. Bank organisations have made it clear that if there is no decision on their demands, then strikes will be held again on March 11, 12 and 13, and all bank employees will go on an indefinite strike from April 1.
According to an estimate, around 10 lakh bank employees participated in the strike on the first day and on Saturday, February 1 too, employees in large numbers will take part in it. Banks will be closed on Sunday, February 2, and so, customers will now have to wait till February 3 to avail banking services. The functioning of public sector banks has been severely impacted due to this nationwide strike. Apart from the regular services, cash deposit, cash withdrawal, cheque clearance and release of loan amount also remained unavailable. Before going on the strike, talks between representatives of bank unions and bank management had remained inconclusive. Bank unions are demanding a minimum increase of 20% in employees’ salary. Apart from this, their demands include five-day working week, merging of special allowance in basic pay, improvement in family pension, keeping retirement benefits out of the purview of income tax, equal salary for contract and business correspondents and others. Bank unions began this strike on the day when the Parliament’s Budget Session started and the Economic Survey was presented. Bank organisations have made it clear that if there is no decision on their demands, then strikes will be held again on March 11, 12 and 13, and all bank employees will go on an indefinite strike from April 1.
Bank employees go on a two-day strike following a call by the United Forum of Bank Unions demanding a hike in their salary among other things @ShahnawazMalik_ reports #BankStrike pic.twitter.com/iYu0csOVAN
— GoNewsIndia (@GoNews_India) January 31, 2020
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