Banking Services To Be Affected Across The Country As 'Bank Strike' Begins Tomorrow - Viral Bake

Banking Services To Be Affected Across The Country As ‘Bank Strike’ Begins Tomorrow

Banking services across the country are set to be affected in the coming 2-3 days. The two-day ‘bank strike’ called by several bank employees’ unions would be staged from tomorrow.

The strike majorly involves the Public Sector Banks (PSB) and their employees’ union. Thousands of bank employees, who have been waiting for a pay hike since November 2017 would also join the strike.

The general public would face problems as apart from other banking services ATM services would also be affected. The strike comes after officials from the labour department and finance ministry tried their best to convince the bank unions but failed.

Timing of the ‘Bank Strike’ coincides with the Budget session of the Parliament scheduled to begin from January 31st. A day later, on February 1, finance minister Nirmala Sitharaman would unveil the Union Budget for 2020-21.

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Officials from All India Bank Employees’ Association (AIBEA) said that they are going on strike as they got no commitment from bank management in regards to their demands. Banks have however informed the customers about the inconvenience that would be caused due to strike. 

Inputs from Livemint

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