Banks employees go on two-day strike

Banks employees go on two-day strike

New Delhi: Employees of public sector banks went on a two-day nationwide strike on 24 September to protest merger and consolidation in the sector and delay in settlement of issues like wage revision.

“Talks with the Chief Labour Commissioner have failed and we proceeded with the strike," said United Forum of Bank Unions (UFBU) Convener V K Gupta.

The Forum has given the two-day strike call to protest delay in settlement of issues such as wage revision, second pension option, he said.

Employees are also protesting the government’s policy of privatization and consolidation, he added.

However, major private sector banks remain opened.

There are 26 public sector banks with around 60,000 branches across the country.

Last month, officers of SBI and its associate banks went on a strike against the merger of State Bank of Saurashtra with its parent State Bank of India. Two days later, a section of bank employees of nationalised banks also went on a stir to protest the same issue.

Despite protests, SBS has been merged with the State Bank of India.