Money & Banking

Bank unions to go ahead with strike on July 12-13

K.R.Srivats New Delhi | Updated on January 27, 2018 Published on July 10, 2016

All the employees of five associate banks will strike work. File Photo   -  The Hindu

The strike call had been given to oppose the closure of associate banks and their merger with SBI.

Bank employees will go ahead with their nationwide strike on July 12-13, a top AIBEA official said.

This follows the conciliation meeting convened by the chief labour commissioner failing to yield any results, C H Venkatachalam, General Secretary, All India Bank Employees Association (AIBEA) told BusinessLine.

On the first day, July 12, all the employees of five associate banks will strike work. Next day, employees from all banks will participate in the strike, Venkatachalam added.

The strike call had been given to oppose the closure of associate banks and their merger with State Bank of India. Bank unions are all opposed to proposed privatisation of IDBI Bank.

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Published on July 10, 2016
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