Bank employee unions have announced a two-day pan-India strike at the end of this month. Employees and officers of many state-run as well as private sector banks have called for a strike on May 30 and May 31. Bank unions are protesting against a nominal 2 per cent wage hike offered by the Indian Banks' Association (IBA), whose members include public as well as private sector banks, foreign banks having offices in India and co-operative banks, among others. Wage negotiation talks between banks and the employees have taken place several times in past few months.
Here are 10 things to know about the two-day all-India bank strike on May 30 and 31:
NPA (non-performing assets)IBA offered an increase of 2 per cent(With agency inputs)Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
