For Quick Alerts
For Daily Alerts

AIBEA Calls For All India Bank Strike On May 20

By Religare

SBI's associate bank State Bank of Mysore (SBM) said that the All India Bank Employees' Association (AIBEA) has called for a one-day nationwide strike on May 20, 2016 against merger of five associate banks of SBI with parent.

AIBEA Calls For All India Bank Strike On May 20
State Bank Of Mysore: Quotes, News
BSE 606.45BSE Quote0 (0.00%)
NSE 606.05NSE Quote0 (0.00%)

In a filing to the Bombay Stock Exchange, the Bank said, "The All India Bank Employees' Association (AIBEA) has called for an all India bank strike, for one day on May 20, 2016."

Earlier this week, SBI proposed merger of five associate banks and newly created Bharatiya Mahila Bank with itself.

The bank said that, in the event of the strike taking place, the normal Banking operations in the Bank may get affected on May 20, 2016.

Meanwhile, shares of State Bank of Mysore were trading at Rs 440.40 apiece, down 1.21 per cent, from previous close on BSE at 10:50 hours.

Read more about: state bank of mysore strike sbi
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more