New Delhi, May 29: The two-day pan-India bank strike has begun today. The strike has been called by the United Forum of Bank Unions (UFBU) -- an umbrella body of bank unions -- to protest against meagre 2 percent hike for the bank employees proposed by the Centre. Almost one million employees would participate in the strike, including ATM guards of major public sector banks.

Vice-President of National Organisation of Bank Workers, Ashwani Rana told ANI, "On 30 and 31st May, 10 lakh bank employees all over India will be on strike over the issue of wage revision." Reportedly, the UFBU has demanded early wage review settlement, sufficient increase in salary and improvement in other service conditions and wage revision settlement for all officers up to scale VII.

Most of the banks, including SBI, PNB and BoB, have already informed their customers that functioning of branches and offices will be impacted in the wake of the strike. However, the functioning of private banks like ICICI, HDFC Bank, Axis and Kotak Mahindra is expected to be normal except for delays in cheque clearances.

Due to the strike, there is a huge concern that your month-end salary credit and ATM withdrawals will get affected!

(With inputs from agencies)

(The above story first appeared on LatestLY on May 30, 2018 09:41 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).