Bank strike today and tomorrow

The United Forum of Bank Unions (UFBU) has called a two-day nationwide bank strike from Friday (January 31) demanding early wage revision settlement, due since November 1, 2017. The two-day strike coincides with the Budget Session of Parliament, which commences today.

The strike would hit banking operations today and February 1 with about 10 lakh bankers in government and private sector have decided to boycott their work. On Thursday, the bank employees unions decided to go on with the strike as a meeting with the Indian Bank Association (IBA) remained inconclusive.