30 May :- Unions of the bank employees have started the strike over the issue of wage hikes. The impact of this strike has started to show. Because of their strike for two days, 85 thousand bank branches are going to be closed tomorrow and tomorrow. Because of this, people have to face difficulties in taking various services related to the bank.
The branches of some private banks, including State Bank of India, will also be closed today and tomorrow. A senior official of the All India Bank Employees Association (AIBEA) claimed that due to the strike, the clearance of 39 lakh instruments would be affected every day. These instruments are valued at Rs 21,700 crores.
As 2-day banks strike called by United Forum of Banking Unions (UFBU) over wage revision begins, ATMs run out of cash in Moradabad. Locals say, "We are facing problems because there is no cash in the ATMs around. Even there are connectivity issues." pic.twitter.com/wzpfcaUsBf
— ANI UP (@ANINewsUP) May 30, 2018
V. President of Financial Software and Systems, a company working on ATMs. Balasubramanian said that due to the strike, there will be no shortage of cash. The ATMs are being prepared for this. He said, “Private banks HDFC and ICICI Bank are continuously working on this.”
He told us that we already knew the strike of bank employees. So we had prepared to tackle these situations. For this, we had deposited the cash before the banks so that it could be put on ATM at the time.
Kolkata: Bank workers hold protest demanding an immediate wage revision. United Forum of Banking Unions (UFBU), an umbrella body of nine bank unions has called for a 2-day nationwide bank strike. #WestBengal pic.twitter.com/sSbDU96V1G
— ANI (@ANI) May 30, 2018
In fact, the agreement between the bank unions and the Indian Banks Association (IBA) has not been agreed on the issue of wage hikes. After this, more than 10 lakh bank employees have gone on strike since today, May 30. Their strike is going on for two days.
About the strike, State Bank of India, Canara Bank, Bank of Baroda and Punjab and Sind Bank had already said that they could get its effect on banking services. He had said that among the strike workers, his bank also has employees.
Ravinder Gupta, general secretary of the bank union AIBOC said that we had given the notice to the IBA 25 days in advance, but IBA failed to compromise with the bank employees during this time. He said that the bank employees are not being paid increments equal to their hard work.
According to bank unions, the Indian Banks Association (IBA) has proposed to increase their salaries by 2 percent. They say that this is no equal. This is his protest in protest.
The United Forum of Bank Union (UFBU) includes several unions of bank employees. There are many other unions, including the All India Bank Officers Confederation (AIBOC), the All India Bank Employees Association (AIBEA) and the National Organization of Bank Workers (NOBW).