Banking operations in the region were affected following a strike by public sector bank employees, pressing for early wage revision settlement on Monday. Over 3000 employees from 105 banks participated in the strike following nation-wide call from bank unions.
The protestors gathered in front of banks and raised slogans against the Centre’s banking policies.C Karunankaran, a bank employee leader, told Express that transactions worth ` 250 crore in the form of cheque clearances, deposits and withdrawals were affected owing to the strike that is set to continue on Tuesday as well.
The final wage revision settlement, due since November 2012, was yet to be announced, he noted. Though the employees had sought 30 per cent hike in their salary, the Indian Banks Association offered a 10 per cent hike during a meeting held on February 6.The employees demanded that non-performing assets of ` 1,65,000 crore be recovered from defaulters and cases filed against them. The workers’ unions were against new banks being established through corporate houses and foreign direct investment(FDI)in the banking sector.
The bank employees called for nationalisation of all private banks and opening of banks in rural areas deprived of banking facilities.