Banking services hit in Mysuru as staffs of public sector banks go on strike

Mysuru, May 30:- Banking services and dispensation of currency from Automated Teller Machines (ATM) were affected in Mysuru and across the country on Wednesday following the two-day nationwide strike called by various banking organisations against the two percent wage hike.

Employees of various public sector banks and members of banking associations staged protest and held protest march in the city.

Members of Mysore District Bank Employees’ Association (MDBEA), United Forum of Bank Unions (UFBU), Mysuru Division and other banking associations staged protest in the city. Members of the UFBU, Mysuru, took out a protest rally from the State Bank of India, Saraswathipuram and passed through major roads in the locality, urging the government to intervene into the matter and address the issues.

While hundreds of members of the Mysore District Bank Employees’ Association staged a protest in front of Canara Bank in Nazarbad, raising slogans against the offer of two percent wage hike and demanded the IBA to adequately increase offer and resolve the demands of the banking employees.

Speaking to media persons, the secretary of the MDBEA said, “Our wage revision is effective from November 1, 2017. The government had sent instructions to the Indian Bankers’ Association (IBA) and banks to commence negotiations well in advance and conclude the negotiation no later than November 2017. Several rounds of discussions took place between the IBA and United Front of Bank Unions (UFBU) but no worthwhile progress was made. But taking advantage of the NPA situation in the banking industry for which bank employees is not at all responsible, the IBA had made an insulting offer of meagre 2% increase.”

“The gross profit in the banking industry has been growing steadily and there is no reason for the bankers not to settle the issue of wage revision. Hence, we urge government’s immediate intervention in the matter to advise the IBA to adequately increase the offer and come forward to resolve our demands without delay,” he added.

President of MDBEA M N Ramesh, members Cheluvaraju, Kumaraswamy, Kumara Babu, Sachidananda, Assistant Secretary of Canara Bank Employees’ Union Padmanabha Nayak, Yogesh B and others were present.

Customers affected

The protest by the employees of the public sector banks that too at the end of the month has hit the banking activities in the city. Many of the employees of various companies and institutions who were waiting to draw their salaries on time were unable to withdraw cash due to the two-day protest.

Though measures were taken by various banks to fill adequate cash to the ATMs, many ATMs in the city were closed as the security guards deployed at ATMs were also reportedly participating in the protest.

Meanwhile, many private banks like ICICI Bank, HDFC Bank and Axis Bank were open for customer services as usual, but activities like cheque clearance and others were hit due to the two-day bank strike. –Karthik KK


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