Banks will function normally as a section of public sector bank employees who threatened to go on strike from tomorrow have deferred it following assurance from the government that there is no plan for merger of banks at present. All India Bank Employees Association General Secretary, C H Venkatachalam told a news agency that it was decided to defer the strike. He said there was assurance from the Finance Ministry official that there is no plan for merger of public sector banks and that both IBA and Finance Ministry officials gave assurance to consider other demands of the two unions.