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Tuesday, April 23, 2024

Bank strike on Nov 19 deferred : Venkatachalam


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Hyderabad: The one-day nation-wide strike called by the All India Bank Employees’ Association (AIBEA) on Saturday has been ‘deferred’, its General Secretary C H Venkatachalam said on Friday.

Mr Venkatachalam told UNI tonight that ‘Understandings reached on all issues. India Banks’ Association (IBA) and Banks agreed to resolve the issues bilaterally.

Hence the strike is deferred, he added.

The AIBEA called the strike as there are various unilateral decisions in violation of the existing provisions of Bipartite Settlement in some of the Banks and the attacks on jobs and job security and vindictive actions in some other Banks.

They want the management of Banks to retrace their decisions on outsourcing, rotational transfer of employees, adherence of Disciplinary Action procedure, trade union of representation, job security and abide by the provisions of Bipartite settlements.

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