Bank employees to go on two-day strike from May 30

Team Udayavani, May 25, 2018, 11:39 AM IST

Bengaluru: Demanding upward revision of their pay, public sector bank representatives will stage a two-day strike on May 30 and 31 under the standard of United Forum of Bank Unions (UFBU). 

UFBU has given call for the strike in perspective of disappointment of transactions being embraced with Indian Banks Association (IBA) which represents  administrations of public sector banks. As bank representatives from the state will likewise remain off work on these two days, banking services are probably going to be dysfunctional. 

Speaking to the media here All India Bank Employees Association president, K Vasanth Rai, on Thursday May 24, said that there has been no progress even after a few rounds of converses with IBA for wage revision. He said that the issue had been conveyed to the notice of the central government, however there is no response from them.

He communicated dismay at the absence of appropriate response to the interest for wage revision of bank employees once at regular intervals. He said that amid the most recent five years, business turnover of banks have gone up impressively and they have earned great profit.

“In any case, employees are being denied of wage revision. The reality of the matter is that a few industrialists and representatives have raised credits running into crores of rupees and swindled the bank. There are numerous who acquired loans with the particular reason for cheating the banks, and fled. On account of the central government’s inability to outline unbending guidelines, cash of the overall population is being squandered along these lines,” he bemoaned. 

Rai said that the central government has been using services of bank workers to execute different government programs. In the meantime, it has disregarded the need to revise their wages, he charged.