AGARTALA, May 29 (TIWN): Along with national level demonstration, United Forum of Bank Unions, Tripura members to observe 2 days long strike protesting against the privatization of banks and demanding salary hikes.

The two days long strike will be observed on May 30 and May 31 likely to paralyze bank service.

The agitators said, the central govt is not cooperative to hike in the salary and allowances for the employees.

More than 10 lakh bankers in the public and private sector are planning to go on a strike by the end of May across India on those two days, the dates yet to be declared.

“It is a matter of shame that while thousands of crores of rupees are written off from profits towards bad loans of big corporates, the genuine demands of bank employees are being denied in this fashion,” one agitator said.

Meeting on wage revision of the bankers between the United Forum of Bank Unions (UFBU) and IBA held in Mumbai failed to get a positive outcome.

IBA offered a hike of 2 per cent over the total wage bill of the banks as on March 31, 2017. IBA had earlier agreed for 15 per cent increase over the total wage bill in the 10th Bipartite Wage Settlement, made effective from November 1, 2012.

The unions have rejected IBA ’s offer of 2 per cent hike.