Business Daily from THE HINDU group of publications Tuesday, Dec 04, 2007 ePaper | Mobile/PDA Version |
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Money & Banking
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Trade & Labour Unions
Our Bureau Mumbai, Dec 3 A section of officers of the seven associate banks of State Bank of India is expected to join the striking employees of these banks to protest against the merger of the State Bank of Saurashtra with SBI. The employees started the strike from on Monday. According to the striking employees, the merger will affect their interests including promotion. A senior SBI official, however, said its is unfair that the employees have resorted to strike as the merger of State Bank of Saurashtra with State Bank of India was approved by the boards of both banks. These boards have representatives from employees union. “Representatives of the union were on the boards of the SBI and the SBS when the merger decision was taken. It was a unanimous decision and they were in the know of things”, he said. He said the management will take a serious view of those who would try to hamper the working of the bank and stop employees who are willing to work. Stir against merger move SBI staff body to oppose merger of associate banks SBI assn opposes merger Employees of SBI associates to go ahead with tomorrow’s planned strike More Stories on : Trade & Labour Unions | Public Sector Banks | State Bank of India
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