Normal banking operations were hit today as the employees of public sector banks went on a two-day strike in response to a call given by the Central Trade Unions to press for wage hike in the backdrop of rising inflation.
The nationwide strike call has been given by the United Forum of Bank Unions (UFBU) consisting of nine national-level unions, including AIBEA, NCBE, BEFI, INBEF, NOBW and AIBOC.
Apprehending disruption in their normal banking operations, many banks had already informed their customers about the proposed strike.
Meanwhile, sources said that banks have taken steps to ensure that public do not face problems at least on the cash front during the strike period. Banks have fed additional cash in ATMs to meet the cash needs of their customers.
Wage revision
The bank unions are pressing for early wage revision of employees, which they said is due from November 2012. They are also opposing banking sector reforms and any plan for merger of banks.
There are 26 public sector banks with an employee strength of around 10 lakh.
In December 2012 also, four bank unions went on strike opposing the amendments carried out in the Banking Regulation Act and Banking Companies Act, enabling foreign equity in public sector banks.
The bank strike is part of a general strike call given by 11 CTUs including the Indian National Trade Union Congress (INTUC), All India Trade Union Congress (AITUC), Bharatiya Mazdoor Sangh (BMS), Centre of Indian Trade Unions (CITU) and All India United Trade Union Centre.
Keywords: Central Trade Unions strike, trade unions strike, PSU bank employees strike, strike effect on banking services,
Comments:
I bet the same set of people were against computerising banks. Perhaps PSU employees should first introspect on the way they treat customers before asking for pay rise. It would also be helpful to remember that the banks exist primarily to serve customers, not just to provide cushy jobs.
"Differentiation is key. One needs to differentiate between those who
are good and those who have potential to grow further."
But unfortunately in banks , top management use to differentiate
between those who are number one YESMAN of boss i.e. number one
flatterer and those who are not. This is why flattery culture is more
rampant than performance culture in bank. Assets are turning bad and
profitability is facing erosion in every quarter but the flatterer has
the key and the capacity to manipulate the facts and figures as per
whims of bosses.Officers feel joy and pleasure not in working for the
bank but for the welfare of their bosses.They can spend lacs of rupees
in extending red carpet welcome to their bosses so that they may get
quicker promotion , better posting and continue their earning through
illegal means and through bad lending.
These flatterers are playing with bank's money as per their sweet will
and hence bank employees in general cannot dream of respectable wage
hi
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