Employees' strike hits banking operation
On a call given by the United Forum of the Bank Unions, comprising of nine trade unions, all employees of private and public sector banks observed a strike demanding wage revision.Updated: Feb 10, 2014 22:31 IST
On a call given by the United Forum of the Bank Unions, comprising of nine trade unions, all employees of private and public sector banks observed a strike demanding wage revision.
The strike paralyzed the banking operations and transactions worth several thousand of rupee remains affected.
A rally was held in front of State Bank of Patiala, head office, Patiala which was addressed by Parmod Sharma, general secretary, of the Bank Officers Association and others.
Sharma informed that more than 10 lakh employees joined the strike call for February 10 and 11.
The speakers said that the last wage settlement in the banking sector expired in October 2012. For the last one year, the discussion had been very tardy and hence the United Forum of Bank Unions gave a strike call.
The protestors also said they would not allow big corporate to "loot people's money"in the name of banking reforms.
They speakers said there was a lot of resentment among bank employees as the wage revision had been delayed. In case it was further delayed, unions shall be forced to observe another strike, they warned.
Meanwhile, residents, particularly the students, faced difficulties due to the strike. Students have to deposit fee in banks as many competitive examinations provides the only option to fill online forms by depositing fee in bank.