Finally on December 5, employees of PSU banks in the western region would go on strike, United Forum of Bank Unions (UFBU) Convener M V Murali said.
"Since the concilliation meeting with Indian Banks' Association failed to reach a conclusion, it has been decided to go on strike between December 2-5," he said.

The UFBU is the umbrella organisation of employees and officer unions of nine banks.

Some of the banks have already informed their customers about the inconvenience due to the strike.

All India Bank Employees Association (AIBEA) General Secretary C H Venkatachalam claimed that about 22,000 branches of PSU banks are closed across six states and one union territory.

This is the second strike by bank employees in less than 30 days. The last strike was on November 12.

"We have scaled down our demand from 25 percent to 23 percent (wage hike), but IBA is not yielding. It has been sticking to its earlier offer of 11 percent which is not enough," Ashwini Rana, General Secretary of National Organisation of Bank Workers, said.

"We hope IBA and government would initiate positive steps to resolve the issues without further aggravation. In the event our issues still remain unresolved we may be forced to resort to more strike actions, including indefinite strike in the days to come," he added.

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