Tuesday, September 24, 2013

Bank Strike On 25th September Deferred

Bank unions defer 25th September strike


Following discussions between AIBEA, finance ministry, SBI and IBA, the unions have decided to defer their 25th September strike across the country

The All India Bank Employees Association (AIBEA) and the Bank Employees Federation of India have deferred their all-India bank strike on 25th September following a clarification from the union government and State Bank of India (SBI). According to AIBEA, the government and SBI clarified that no decision has been taken on merger of public sector banks (PSBs) or associate banks at present.

Chief Labour Commissioner (CLC) had convened a meeting between the unions, Indian Bank's Association (IBA), SBI and the Finance Ministry. During the meeting, AIBEA said it explained reasons for the strike call. "We also submitted why licences should not be given to corporate houses to start their own Banks. We also expressed our protest against the frequent utterances in the press about possible merger of Public Sector Banks, as also Associate Banks with SBI. We also demanded that the Associate Banks be de-linked from SBI and made independent Banks so that they can progress better," AIBEA said in a statement.

During the meeting, IBA stated that all these issues are of policy nature and hence they have no jurisdiction over the same. The SBI representative stated that even though there have been proposals before them, no decision has been taken at present for closure or merger of associate banks. The government representative also clarified that no proposal for merger of PSBs or merger of any associate bank with SBI has been received by them.

As regards service conditions of employees of associate banks, IBA stated that the same would be governed by the Bipartite Settlement and no unilateral imposition of any service conditions.

Following the clarifications from IBA, SBI and finance ministry, the bank unions decided to defer its strike.

The 25th September strike call was given by bank unions to protest against the government’s proposal to effect mergers among public sector banks. They are also against the merger of associate banks with SBI.

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