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December 28th, 2015
Bankers plan to strike

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Bankers plan to strike on January 8th

Bank employees across the country would strike work on January 8 to protest the violation of bilateral settlement by the five associate banks of the State Bank of India (SBI), according to reports from All India Bank Employees’ Association (AIBEA).

C H Venkatachalam, AIBEA general secretary said, “Nearly 340,000 bankers would strike work on January 8. The strike is to protest against the violation of bilateral settlement by the five associate banks of SBI and their attempt to force unilateral service conditions on employees.”
“It is the AIBEA that has given the strike call,” he further added.

“The bank management is forcing its rules without any discussion with the unions from the New Year onwards and hence we are forced to respond,” Venkatachalam said.

The five associate banks of the SBI are State Bank of Mysore, State Bank of Patiala, State Bank of Hyderabad and State Bank of Bikaner and Jaipur.