A two-day nationwide bank strike has been called from tomorrow as the negotiations on a nominal 2% wage hike failed to convince the bank unions.

The bank employees’ strike will take place on May 30 and May 31 as they will be protesting the wage hike, which could impact ATM services along with some of the other banking operations.&nbsp

In the wage negotiation meeting held on May 5, 2018, IBA made a proposition to offer 2 per cent hike in the wage bill cost as on March 31, 2017.

It also maintained that the negotiations on officers demands would be restricted up to scale III officers only.

"It is only because of provisions towards NPA that banks have booked losses, and for this, bank employees are not responsible," United Forum of Bank Unions' convener Devidas Tuljapurkar told reporters here. He said in the last two-three years, bank employees have worked tirelessly for implementation of government initiatives such as Jan-Dhan, demonetisation, Mudra and Atal Pension Yojana, among others.

"This has resulted into huge increase in their workloads," he said.

In the last wage settlement, which was for the period November 1, 2012 to October 31, 2017, IBA had given a wage hike of 15 per cent.

Bank employees have organised a demonstration on May 29 at State Bank of India' branch main branch at Fort here.

UFBU is an umbrella body of nine unions, including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW).

In the last wage settlement, which was for the period November 1, 2012 to October 31, 2017, IBA had given a wage hike of 15 per cent.

A two-day nationwide bank strike has been called from tomorrow as the negotiations on a nominal 2% wage hike failed to convince the bank unions. The bank employees’ strike will take place on May 30 and May 31 as they will be protesting the wage hike, which could impact ATM services along with some of the other banking operations. In the wage negotiation meeting held on May 5, 2018, IBA made a proposition to offer 2 per cent hike in the wage bill cost as on March 31, 2017. It also maintained that the negotiations on officers demands would be restricted up to scale III officers only. "It is only because of provisions towards NPA that banks have booked losses, and for this, bank employees are not responsible," United Forum of Bank Unions' convener Devidas Tuljapurkar told reporters here. He said in the last two-three years, bank employees have worked tirelessly for implementation of government initiatives such as Jan-Dhan, demonetisation, Mudra and Atal Pension Yojana, among others. "This has resulted into huge increase in their workloads," he said. In the last wage settlement, which was for the period November 1, 2012 to October 31, 2017, IBA had given a wage hike of 15 per cent. Bank employees have organised a demonstration on May 29 at State Bank of India' branch main branch at Fort here. UFBU is an umbrella body of nine unions, including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW).

Bank strike on May 30-31: Salary withdrawal, ATM transactions may take a hit

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Bank strike on May 30-31: Salary withdrawal, ATM transactions may take a hit