Bank employees in the country were compelled to wage a two days strike on 30th and 31st May, 2019 as the Indian Bankers Association (IBA) offered a meagre 2% hike in their pay which is due from 1st November, 2017. The bank unions under the banner of UFBU which includes al the federations of bank employees, Bank Employees Federation of India, Confederation of Bank Employees, All India Bank Officers Confederation, All India Bank Employees Association and All India Bank Officers Association has slammed the IBA for their arrogant and negative stand on grant of a reasonable wage to the bank employees. The reported loss of the banks are only because of huge amount being transferred towards mounting bad loans or NPA and the bank workers are no way responsible for it.
The strike is a complete success through out the country and cental government should intervene in the matter for an amicable settlement.
My hearty congratulation to the bank workers and the unions for the successful united strike and extend its full support to their struggles for the genuine cause.