The Hindu Business Line : SBI Bengal drops strike plan

The employees’ and officers’ unions of State Bank of India, Bengal Circle, covering West Bengal, Sikkim and Andaman & Nicobar Islands, have called off their proposed strike on March 28. They have also withdrawn the agitation which was going on for the past few days. This follows the assurance by the SBI management that the plan to shift the operations of the bank’s foreign department from here to Mumbai will not be pushed through, according to Mr Asho k Datta, General Secretary, SBI Staff Association, Bengal Circle, and Mr S.K. Haldar, General Secretary, SBI Officers’ Association, Bengal Circle. At a meeting held in Mumbai, the management, according to a statement issued jointly by the two unions, had agreed to withdraw the two letters it had earlier issued. One of the letters conveyed the decision of shifting of foreign currency money market operation to global markets unit, Mumbai, from foreign department in Kolkata and the other the decision of setting up an on inward remittance cell in Mumbai instead of at the foreign department in Kolkata. It was also decided that the road map for future activities of the foreign department would be finalised by the end of April, the statement added.

— Our Bureau

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