Work may be affected if Sept 2 strike materialises: Corp Bank

Image
Press Trust of India New Delhi
Last Updated : Aug 26 2015 | 6:28 PM IST
State-owned Corporation Bank today said normal working may get affected on September 2 if the strike called on that day by trade unions materialises.
Indian Banks' Association has received a notice from the general secretaries of associations comprising AIBEA, BEFI, NOBW, INBEF, AIBOA, INBOC and NOBO and informed about their decision to go on a day's nationwide strike on September 2, in support of their demands, Corporation Bank said in a BSE filing.
"A major section of the bank's employees belonging to the workmen unions/Officer's Associations, having allegiance to the above national level unions, may take part in the proposed one day strike on September 2, 2015, if it materialises," it added.
"In view of the above, it is likely that normal functioning of our branches and offices may get affected during the day," Corporation Bank said.
Meanwhile, an inter-ministerial panel headed by Finance Minister Arun Jaitley today met with representatives of trade unions to discuss their 12-point charter of demands on labour issues ahead of the strike call given by unions.
However, the meeting remained inconclusive and it will take place again tomorrow.
About a dozen central trade unions, including BJP-backed Bharatiya Mazdoor Sangh (BMS), have given a call for one-day strike on September 2 to press for their demands.
Today's was the second meeting of the inter-ministerial committee on labour issues.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 26 2015 | 6:28 PM IST

Next Story