The All India strike in Government-controlled IDBI Bank slated for Wednesday has been deferred.

This follows a conciliation meeting held by Deputy Chief Labour Commissioner on Tuesday wherein the management has been advised to finalise the wage revision settlement before May 8.

In view of this, the strike to be observed today has been deferred and Union has decided to attend bilateral talks to explore the possibility of settlement, C.H.Venkatachalam, General Secretary, All India Bank Employees Association (AIBEA) told BusinessLine .

srivats.kr@thehindu.co.in

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