 "Bank employees shout slogans while protesting during a nationwide strike called by the United Forum of Bank Unions (UFBU), in Mumbai (Pic: Suryakant Niwate)")
The bank employees in the country would be going for a 48-hour strike starting from May 30, seeking government's intervention related to wage settlement and others. The United Forum of Bank Unions (UFBU), consisting of nine trade unions across the country representing one million bank employees and officers, will also hold demonstrations and submit memorandum to the Finance Minister prior to this.
The strike is being called for opposing the Indian Banks' Association's (IBA) delay in resolving their demands, government's casual approach to wage revision for bank employees and officers, IBA's meagre offer of per cent hike in wage bill
