New Delhi : A section of public sector banks’ employees will observe one-day strike across the country today to protest violation of bilateral settlement agreement by associate banks of State Bank of India. However, officer grade of employees will not take part in the strike called by All India Bank Employees’ Association (AIBEA), one of the nine employee organisations of public sector banks, reports PTI.
Private sector banks and country’s largest lender SBI will continue to function normally. As precautionary steps, most of the banks, including United Bank of India, has issued advisory to their customers saying they will take all necessary steps in terms of existing guidelines for smooth functioning of branches or offices on the day of strike, in the event it materialises on January 8. The strike call was given on December 28 to protest violation of the bilateral settlement by five associate banks of the SBI and their attempt to force unilateral service conditions on the employees, AIBEA general secretary C H Venkatachalam said.
