Banking operations are likely to be impacted for the next couple of days as employees of the public sector banks have given two-day nation-wide strike from today press for wage revision.
The bank strike comes after a two per cent salary hike failed to convince the bank unions and several rounds of talks between banks and the unions of their employees did not make any headway.
Some private banks, including HDFC Bank, Axis Bank, ICICI Bank, Yes Bank and Indusind Bank, will see no impact since these banks are not part of the union. While State Bank of India (SBI), Punjab National Bank (PNB) and Bank of Baroda (BoB), have already informed their customers that functioning of branches and offices will be impacted if the strike takes off.
Bank union announce 48 hour strike from May 30. Wage Revision: 10 lakh bank employees to go on two-day strike against 2 per cent hike.
Ravindra P Marathe, MD of Bank of Maharashtra said, ”A nationwide strike has been called by various bank-employee organizations on May 30 and May 31, 2018, which might disrupt the normal banking services at branches of our bank” and he also added that we urge our customers to make the maximum use of digital banking services like UPI, Internet banking facilities their transaction Mahamobile App ,and our digital banking system and ATMs are available at all time.
There are as many as 21 public sector banks control 75 per cent of the total business in the country.