PSU bank employees go on nationwide strike over wage revision demand

Employees of public sector banks began a nation-wide strike on Wednesday to press for wage revision. This strike has affected banking services across the country.

However, the branches of a few private sector banks are likely to remain open.

"We don't have any option as the government is not showing any positive move. We all have decided to go for strike where all the people of state banks are involved," said an employee.

The United Forum of Bank Unions (UFBU) consisting of nine national level unions had gone on a two-day strike earlier in February in wake of the rising inflation.

The wage revision of public sector bank employees has been due since November 2012.

The UFBU is an umbrella organisation of employees of nine banks and officer unions.

There are 27 public sector banks in the country with employee strength of about eight lakhs. There are about 50,000 branches of these banks across the country.