June 23 bank employees' strike postponed

A strike called by All India Bank Employees Association (AIEBA) on June 24 to press for the demands of employees of associate banks of State Bank of India (SBI) has been postponed, said a top union leader.

"The June 24 strike has been postponed. We will meet union ministers for finance and labour and complain about the anti-employee stand of SBI. The bank management is not implementing the government directions," C.H. Venkatachalam, AIEBA general secretary, told IANS.

He said the SBI management was not implementing the guidelines of the government regarding the appointment on compassionate grounds nor hike the housing loan amount for the employees.

"Despite all efforts by AIBEA and SSBEA (State Sector Bank Employees Association) to work out amicable solution during conciliation and bilateral talks, SBI management maintains their illegal, unfair and anti-associate banks attitude. AIBEA has decided to take up the issue at higher level in government. In view of this, it is decided to postpone the strike of June 24," he said.