Two-day bank strike: Services hit in Tamil Nadu and Puducherry; staff protest 'meagre' pay hike

Following the strike call was given by the associations, banking services were hit in Tamil Nadu and neighbouring Puducherry

PTI May 31, 2018 16:21:47 IST
Two-day bank strike: Services hit in Tamil Nadu and Puducherry; staff protest 'meagre' pay hike

Chennai: Employees of various banks, part of the United Forum of Bank Unions, continued their protest for the second on Thursday, against the 'meagre' two percent wage hike offered by the Indian Banks Association.

As part of the agitation, employees staged a demonstration in front of the Union Bank of India office in Chennai and raised slogans.

Bank Employees Federation of India, Tamil Nadu, General Secretary, CP Krishnan said the staff held protests in front of banks across 50 places in Tamil Nadu and Puducherry.

Twoday bank strike Services hit in Tamil Nadu and Puducherry staff protest meagre pay hike

Representational image. Reuters

Following the strike call was given by the associations, banking services were hit in the state and neighbouring Puducherry.

Nearly 12 lakh cheques worth Rs 7,000 crore stagnated in the state due to the two-day strike.

The unions had claimed that the strike was a 'total success' as employees 'enthusiastically participated in the strike in all banks and in all branches.'

Operations in the new-generation private banks like ICICI Bank, HDFC Bank, Axis Bank, however, were almost normal, barring few activities including cheque clearances.

In its last wage negotiation meeting held earlier this month, Indian Banking Association proposed a nominal salary revision to bank employees and officers, owing to huge losses incurred by them in the last few quarters, bank unions said.

Wage revision in the banks has been due from 2 November, 2017.

Updated Date:

also read

India vs Sri Lanka: Being with CSK a big plus, my game has got better, says net bowler R Sai Kishore
First Cricket News

India vs Sri Lanka: Being with CSK a big plus, my game has got better, says net bowler R Sai Kishore

The wiry framed left-arm orthodox spinner's rise through the ranks has been possible because of his hunger to learn and soak in as much knowledge as possible like he did during his month-long stint at the CSK.

Tamil Nadu producers request Finance Ministry to revoke TDS hike on films citing heavy losses due to COVID-19
Entertainment

Tamil Nadu producers request Finance Ministry to revoke TDS hike on films citing heavy losses due to COVID-19

Tamil Film Active Producers' Association says the imposition of 10 percent TDS on the distribution of cinematographic films has come a ''big shock'' and would impact lakhs of people associated with the film industry.

COVID-19 updates: Maharashtra, Uttar Pradesh, Tamil Nadu to ease restrictions from today; India logs 1.14 lakh cases
India

COVID-19 updates: Maharashtra, Uttar Pradesh, Tamil Nadu to ease restrictions from today; India logs 1.14 lakh cases

Meanwhile, the Telangana cabinet will meet on 8 June to take a call on the extension of lockdown to contain the spread of COVID-19, among other issues, an official release said on Sunday