Mumbai: “About nine lakh employees of PSU banks plan to strike work on 6-7 August for higher wages and pension,” a union representative said on Monday.
“Staff at the banks, which dominate banking in India, and some private sector and foreign banks would participate in the strike,” C.H. Venkatachalam, convenor of the United Forum of Bank Union, said.
“Talks with Indian Bank Association (IBA) once again fell on wage increase and pensions forcing us to go ahead with the strike call,” he said.
Venkatachalam further said that the members of the union are scheduled to meet with the IBA on Tuesday to try and resolve the issues.
Earlier, the unions had called a strike on 12 June but withdrew it in the last hour after banks agreed to meet some of their demands on a pension scheme and higher wages.