The nation-wide bank strike called on December 27 by the All India Bank Employees Association (AIBEA) and the All India Bank Officers Association (AIBOA) stands deferred.
This follows the IDBI Bank Management agreeing to complete the wage settlement within a month, C H Venkatachalam, General Secretary, AIBEA, told BusinessLine here.
The assurance came at the conciliatory meeting convened by the Chief Labour Commissioner with the bank staff unions over wage revision at IDBI Bank that is due from November 1, 2012.
In the meeting before CLC today IDBI bank management agreed to complete wage settlement within a month.hence it has been decided to defer our strike on 27th Dec. Circular follows. Chv Nagarajan AIBEA AIBOA
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