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The Delhi High Court on Monday restrained the State Sector Bank Employees Association (SSBEA) and the All-India Bank Employees’ Association (AIBEA) from proceeding with their strike notice, an SBI statement said.
The court also restrained the associations as well as their members from proceeding with a strike from July 12-13; the ruling effectively accepted a plea by SBI Associate Banks.
The AIBEA and the All India Bank Officers’ Association had planned to hold joint programmes to protest against the proposed merger and consolidation of banks, particularly the five associate banks with SBI, and the privatisation of IDBI Bank.
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