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February 16, 2008 15:42 IST
Last Updated: February 16, 2008 15:48 IST
Bank employees would observe two-day nation-wide strike on February 25 and 26 to oppose the proposed merger of public sector banks.
The union has been opposing merger of State Bank of India's [Get Quote] associate banks with the parent, outsourcing of work and extension of option to provident fund optees to join pension scheme, United Forum of Bank Employees said in Ludhiana.
Besides, the union is also demanding restoration of compassionate appointments in banks, filling-up of vacant posts by recruitment in banks and services and early settlement of wages revision.
Last month, the union went on nation-wide strike after the conciliation meeting held in the office of Chief Labour Commission between Indian Banks Association and the employee association failed to yield any positive result.
Boards of SBI and State Bank of [Get Quote] Saurashtra have already given in-principle approval for the merger and is awaiting government's nod.
Other associate banks are State Bank of Travancore, State Bank of Mysore [Get Quote], State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Indore and State Bank of Patiala.
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