Nationwide Bank strike called on Dec 27 deferred

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.

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