New Delhi: Banks will be open and operations normal on Tuesday and 
Wednesday after a section of the public sector bank employees on Monday 
deferred their proposed two-day nationwide strike following the 
intervention of the Delhi High Court.
The nationwide strike, in protest against the proposed merger of SBI 
associates and privatisation of IDBI Bank, was scheduled for July 12 and
 13.
However, with the interference of the Delhi High Court, the proposed strike has been deferred.
"In view of Delhi High Court restrain order our strike on July 12 and 13
 stands deferred," All India Bank Employees' Association General 
Secretary C H Venkatachalam said.
Earlier, the employee union had announced to go on strike to protest 
against the proposed merger of SBI associates and privatisation of IDBI 
Bank.
All India Bank Officers' Association and State Sector Bank Employees' 
Association had also announced their support to the strike.
The high court in its order on a plea of State Bank of Patiala and four 
other subsidiary banks of SBI restrained State Sector Bank Employees 
Association (SSBEA) and All India Bank Employees' Association (AIBEA) 
from proceeding ahead with the two-day strike till the next date of 
hearing.
The HC listed the matter for further hearing on July 20.
The five associate lenders of SBI are State Bank of Bikaner and Jaipur, 
State Bank of Travancore, State Bank of Mysore, State Bank of Patiala 
and State Bank of Hyderabad.
With PTI Inputs
Source : http://zeenews.india.com/
 
 

 
