Bank unions defer 3-day strike after iba assurances
New Delhi, Sept. 28 -- Bank unions on Sunday deferred their three-day nationwide strike following assurance from the Indian Banks' Association (IBA) on their demands, including a five-day work week.
The strike call beginning Monday was given by the United Forum of Bank Unions (UFBU), which coincides with half-yearly closing. With the postponement of the strike, banks will function on Monday.
"A high-level committee will be formed immediately to deliberate on the issue of declaring the remaining Saturdays as holidays. This committee will explore all possible alternatives and work out a solution acceptable to all," the UFBU said. P11...
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