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Bankers begin 2-day strike against meagre salary hike


Bankers begin 2-day strike against meagre salary hike

Varanasi (UP), May 30 (ANI): Bank workers in Varanasi staged protest against a 2% salary increase offered by the Indian Banks Association (IBA), which represents bank managements. Demanding an immediate wage revision, the United Forum of Banking Unions (UFBU) has called for a 2-day nationwide bank strike.

In Ahmadabad, UFBU members gathered in number to voice against the hike offered by the IBA. Nearly 10 lakh bank workers across the country will join this strike.

Earlier on May 5, the IBA refused to increase wages by more than 2% for junior officers citing poor financial conditions of banks. Following this decision, the bankers opted to go for the strike.

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