SBI officers withdraw strike call

Press Trust of India Updated - November 12, 2011 at 05:02 PM.

The officers' union of State Bank of India (SBI) has called off a two-day nationwide strike that was to begin on November 8 after the management conceded to some of their demands, a development that comes as a relief to over 14-crore customers of the bank.

“The strike has been deferred as understanding on certain issues has been reached with the management,” All-India State Bank Officers Federation (AISBOF), General-Secretary, Mr G. D. Nadaf, told PTI.

Keeping in mind the convenience of customers and reputation of the bank, the union decided to defer the two-day countrywide strike, he said, adding that dialogue with the management is still going on with respect to the remaining issues.

On Saturday, the SBI Chairman, Mr Pratip Chaudhuri, had appealed to the union to withdraw the proposed strike.

“We expect and hope that the strike will be called off.

We have not estimated our losses on account of the strike yet.

More than the loss of money, it will damage the confidence of our customers,” he had said.

Published on November 6, 2011 16:35