10 lakh employees of 30 banks on strike today

Today, about 10 lakh employees of public sector banks will be on strike, in which workings may be affected. This strike was convened against Vijaya Bank and Dena Bank's proposed merger in Bank of Baroda. The public sector bank employees' union called for a strike. Let me tell you that this second bank strike is in less than a week.

Earlier on December 21, the strike had also been called on to conclude negotiations on mergers and wage revision. However, working in private sector banks will be normal like normal days. Significantly, the United Forum of Bank Unions (UFBU) has called for the strike.

The government has taken the decision of the merger of Bank of Baroda, Dena Bank and Vijaya Bank. The employees union is opposing it.

So far, the Indian Banks' Association (IBA) has offered an eight percent increase in wages, which is not acceptable to UFBU.Bank staff associations are not approved. Salary increments are due from November 2017.