The All India Bank Employees' Association (AIBEA) along with five other unions would observe a countrywide strike in the subsidiary banks of State Bank of India on July 6. The association had earlier called for a strike on July 3 to oppose the merger plans of the subsidiary banks with the parent SBI.
AIBEA general secretary C H Venkatachalam said though the government authorities and the bank managements deny any policy decisions or guidelines in this regard, there had been overt and covert attempts to merge the banks.
The other five unions include the National Confederation of Bank Employees, All India Bank Officers’ Association, Bank Employees Federation of India, Indian National Bank Employees Federation and Indian National Bank Officers Congress.
Why Trade Unions call for a 'strike'against the consolidation of State Bank of India and its Associateson 6th July,09, especially when there is no job loss, no branch closure or inconvenient transfers. Further SBI is having largest rural net work, top in rural lending, poverty alleviation programmes and Govt. sponsored programmes extending more than double the amount financed by the number Two PSB under such activities.
Trade Union leaders have the moral responsibility to make it clear why they oppose the Merger, unless it is for their own benefits.
GeorgeJoseph Cochin 25-06-09
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