The proposed four-day strike by the bank employees will be on as planned from February 25, according to VVSR Sarma, Convenor, AP, United Forum of Bank Unions (UFBU).
Addressing newspersons here on Monday, Sarma said various protest programmes will also be taken up at the bank branches along with the strike.
"In Andhra Pradesh and Telangana alone, 80,000 employees of public sector banks will participate in the strike affecting work in 5,000 branches,’’ he said while asking the general public to `understand and cooperate’.
When asked on the possibility of a truce in the on-going talks between the bank employees bodies and Indian Bank Association (IBA), he said there was little hope given the "adamant" attitude of IBA.
While the bank staff is seeking a minimum of 19.5 per cent wage hike, IBA is now willing to offer only 13 per cent hike. In the last revision, bank employees’ salaries had gone up by 17 per cent.
The four-day strike, if takes place as planned, would mean halt in banking transactions for five days, as March 1 will be Sunday. "In Andhra Pradesh and Telangana alone, Rs. 20 lakh crore of business transactions per day will be hit during the strike,’’ according to Rambabu, State General Secretary, All India Bank Employees Association (AIBEA).