The Delhi High Court has accepted the plea of the State Bank of India (SBI) to restrain the strike by its associate banks.
The SBI in a statement today said that they had filed a writ petition on behalf of five Associate Banks in the High Court on July 11, 2016.
The petition was mentioned today morning for urgent listing and after the hearing, the High Court accepted the SBI's plea and restrained State Sector Bank Employees Association (SSBEA) and All India Bank Employees' Association (AIBEA) from proceeding ahead with the strike notice and also restrained the associations and their members from proceeding ahead with strike on 12th and 13th July, 2016.
Around 45,000 employees in the five associate banks of the SBI were set to go on strike from Tuesday, opposing the government's decision to merge State Bank of Bikaner and Jaipur (SBBJ), State Bank of Travancore (SBT), State Bank of Patiala (SBP), State Bank of Mysore (SBM) and State Bank of Hyderabad (SBH) with the SBI.
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