Bank strike deferred by AIBEA after meeting with labour commissioner

The IBA and the bank managements have agreed to resolve the issues that resulted in the calling for a strike bilaterally with AIBEA

The call for a nationwide one-day bank strike by the All-India Banks’ Employee Association (AIBEA) on November 19 has been deferred by the union after its meeting with the chief labour commissioner (CLC), Ministry of Labour, Indian Banks Association (IBA), and Department of Financial Services (DFS) of Ministry of Finance. The parties involved in the discussion on Friday reached an agreement on all issues.

The IBA and bank managements have agreed to resolve their issues, which resulted in the calling for a strike, bilaterally with the AIBEA, Business Standard has learnt. 

“Understandings reached on all issues. Hence our strike is deferred”, said