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Money & Banking - Trade & Labour Unions
Bank unions forum reaches accord

Our Bureau

Coimbatore, Feb. 24

The United Forum of Central Bank Unions has withdrawn the agitational programmes and continuous strike (called by the forum from February 22) after reaching an understanding (on various issues) through discussions with the bank's management. According to the forum sources, the management consented to withdraw all the 5,868 chargesheets and show-cause memos issued to officers and employees for participating in the strike without handing over the cash keys to the non-striking members. "Other memos, chargesheets, suspensions and transfers relating to agitation were being reconsidered." All unions except BEFI (Bank Employees Federation of India) Union is said to have signed the accord.

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