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Banking operations could be hit as employees of state-run banks are set to go on a two-day strike starting Wednesday, May 30. Bank employee unions have been opposing a 2 percent wage hike proposed by the IBA or Indian Banks’ Association, among other demands.
Several rounds of talks between banks and the unions of their employees have failed to make any headway so far. The UFBU or United Forum of Bank Unions, an umbrella body of bank unions, had earlier this month notified a 48-hour-kong strike starting at 6:00 am on May 30.
Some of the union leaders said that the issue could be resolved. Some others said that the strike may take place. It would be better if the salaried people can draw the salaries ahead.
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