Pune (Maharashtra), May 31 (ANI): The two-day nationwide bank strike called by the public sector employees over wage revision has caused disruption in ATM services and also left the public in distress. People are facing difficulty in withdrawing their money as the ATMs are running out of cash due to strike. The United Forum of Bank Unions (UFBU), umbrella bodies of nine bank unions have called for a nationwide bank strike against wage hike proposed by the Indian Banks’ Association (IBA). On May 5, the IBA refused to revise wages for all officers, citing poor financial conditions of banks. Large public sector banks had reported huge losses in the fourth quarter of the fiscal year 2018 owing to mounting bad loans.
Watch the Video below
Ventuno