Money & Banking

Nationwide bank strike called on Dec 27 deferred

K R Srivats New Delhi | Updated on January 09, 2018

C H Venkatachalam, General Secretary, AIBEA. (file photo)

IDBI Bank agrees to complete wage settlement soon

The nation-wide bank strike called on December 27 by the All India Bank Employees Association (AIBEA) and the All India Bank Officers Association (AIBOA) stands deferred.

This follows the IDBI Bank Management agreeing to complete the wage settlement within a month, C H Venkatachalam, General Secretary, AIBEA, told BusinessLine here.

The assurance came at the conciliatory meeting convened by the Chief Labour Commissioner with the bank staff unions over wage revision at IDBI Bank that is due from November 1, 2012.

Srivats.kr@thehindu.co.in

Published on December 20, 2017

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