Bank strike affects services across the country

Banking services including ATM services across the country were hit on Wednesday as bank staff, especially of public sector banks, went on two days strike pressing for their demand of salary hike.

They will remain on strike on Thursday.

ICICI Bank, HDFC Bank, Axis Bank, YES Bank and IndusInd Bank were not impacted by the strike. These five banks have no trade unions.

According to the Indian Bank Association, over 10 lakh bankers in government and private sectors were on strike on Wednesday to protest against the meagre two per cent wage hike proposed by the Indian Banks’ Association.

The bank strike is being spearheaded by the United Forum of Bank Unions (UFBU).

The bank employees decided to go ahead with the strike after the failure of final round of negotiations on Monday. Foreign bank employees will also participate in the nation-wide strike as they are members of these unions, but not their bank officers.

 

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