Banking services remain paralysed on 2nd day of strike

Source: The Hitavada      Date: 01 Jun 2018 11:33:30


Business Reporter


BANKING sector remained paralysed on Thursday, the second day of two-day all India bank strike called by United Forum of Bank Unions (UFBU), a parent body representing all bank employees and officers association on the single point demand ‘Revision of long pending wages’.The collateral effect of the two-day strike also caught many in a fix on Thursday, particularly those thronging to ATMs kiosk for withdrawing cash. For the reasons, a majority of automatic money vending machines had gone dry and bank customers had tough time running from one ATM to another across the capital city. The ATMs got exauhasted on the first day of the strike and majority of the ATMs did not display any board of non-availability of funds. Even many customers for cash travelled to ATM’s outside the city limits. Some were lucky but many had to return empty handed or had to look for other ATM.

With two days of complete shutdown, the banks would take few more days to clear the pending activities and again resume he normal routine working. Thus, the fund crunch is expected to continue giving harrowing time to the people dependent on ATM for cash. While talking to this scribe, Shirish Nalgundwar said that transaction worth around Rs 5,000 crore was effected during the two-day strike with entire workforce of the banking industry observing strike against proposed meagre 2 per cent wage hike proposal by Indian Bank’s Association. The proposed wage hike was made in the 11th bipartite meeting which was flatly denied by the bank associations. The state-wide response was overwhelming, office bearers from AIBEA, NCBE, AIBOC, AIBOA, BEFI, INBEF, INBOC, NOBW and NOBO along with the employees as well as officers assembled in the premises of Moti Bagh based premises of Punjab National Bank and held massive demonstration raising slogan against the government’s anti-employee policies, he added.

Sharad Rathore said that the statewide strike in support to the All India strike has been a stupendous success. All bank men, both serving and retired staged demonstration opposing the IBA’s 2 per cent wage hike, terming it as humiliating the bankmen. He further said that the demonstrators demanded immediate amicable settlement of wage revision. Dharmaraj Mahapatra of LIC Employees Union, General Secretary of Chhattisgarh Karmachari Sangh Vijay Jha and Chandraprakash Vyas of Apex Bank also extended support and joined the striking bankmen. The demonstration was led by Shrish Nalgundwar, Sushant Mukherjee, Ashok Maheshwari, S K Khajanchi, Suresh Bani, Anil Sakhkar, Harshvardhan Bist, Vijay Bakshi, Sunil Tiwari, Jagpal Singh, S K Agrawal, Vijay Nemani, Sanjay Gawai, Sharad Rathore and Shakti Suingh Thakur. Large number of seniors, youths and female bank employees joined the strike.