PSU bank employees unions call off September 25 strike

Posted By: Religare
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PSU bank employees unions call off September 25 strike
Banks will function normally today as a section of public sector bank employees who had threatened to go on strike today have deferred it, said the media report.

Subsequent to the assurance from the government that there is no plan for merger of banks at present, at a meeting before Chief Labour Commissioner, where officials of Finance Ministry and Indian Banks' Association (IBA) were present, it was decided to defer the strike, reported PTI.

"As regards service conditions of employees of associate banks, IBA stated that the same would be governed by the bipartite settlement and that there would be no unilateral imposition of any service conditions," All India Bank Employees Association (AIBEA) General Secretary, C H Venkatachalam told media.

AIBEA and Bank Employees Federation of India ( BEFI) had given a call for observance of one day nation-wide bank strike on September 25 in support of their demands.

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