January 8, 2016 7:00 AM

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PSU bank employees to go on strike today

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.AIBEA general secretary C H Venkatachalam said, the strike call was given on 28th of December 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. He said the settlement defined the duties and remuneration of employees for undertaking various jobs in the banks. As precautionary measures, most banks, including United Bank of India, have issued advisory to their customers saying, they will take all necessary steps for smooth functioning of branches or offices on the day of strike.

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