Money & Banking

SBI associate banks' staff to strike on June 4

PTI Chandigarh | Updated on January 24, 2018 Published on June 03, 2015

Protest against merger proposal

A section of employees of five associate banks of SBI will go on strike tomorrow to protest against the proposal for merger of associate banks with the parent bank.

Bank employees under the banner of State Sector Bank Employees Association (SSBEA) will go on nationwide strike tomorrow, S K Gautam, the Secretary of SSBEA, said today.

SSBEA comprise unions in the associate banks of State Bank of Bikaner & Jaipur, State Bank of Travancore, State Bank of Mysore, State Bank of Hyderabad and State Bank of Patiala.

“On June 2, with intervention of Chief Labour Commissioner of Delhi, a meeting was held between management of State Bank of India and SSBEA but it ended in a deadlock in the absence of any offer from the management for redressal of our grievances. So, we are left with no alternative except to go on strike tomorrow,” Gautam said.

Protesting bank employees are demanding delinking of associate banks from State Bank of India, saying that these associate banks should not be merged with SBI.

State Bank of Bikaner & Jaipur, State Bank of Travancore, State Bank of Mysore, State Bank of Hyderabad and State Bank of Patiala are the five associates of the country’s largest lender SBI.

Their other demands are extension of compassionate appointment scheme as per government guidelines, recruitment of sub staff and part—time employees, increase in quantum of staff housing loan, among others.

Published on June 03, 2015
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