Mysuru: Automatic Teller Machine (ATM) services of Public Sector Banks, already facing severe cash crunch, were severely disrupted across the city this morning, the second day of the bank strike. Bank Unions have struck work in protest against what they called “a meagre” 2% wage revision proposed by the Indian Banks Association (IBA).
Apart from ATM services, transactions like cheque clearances, demand drafts, RTGS (Real Time Gross Settlement) and remittances were affected although online banking offered some solace to the customers. For many customers who had adopted digital modes of transactions in the aftermath of the November 2016 demonetisation, the strike meant little inconvenience.
