Delhi High Court issues restraining orders on bank strike

Delhi High Court on Monday issued the interim orders restraining the staff and officers associations from going on strike against the proposed merger of associate banks with State Bank of India.

All India Bank Employees Association (AIBEA) and the All India Bank Officers Association (AIBOA) have called for a two-day strike on Tuesday and Wednesday.

"Delhi High Court in a writ petition filed by the associate banks of India passed an interim order thereby restraining the associations including state sector bank employees association to go on the proposed strike on the aforesaid dates," State Bank of Hyderabad (SBH) said in a statement.