Bank employees to strike work on Jan 25

About a million employees and officers from various banks in the country will go on day-long strike on January 25 to protest against the planned merger of associate banks of State Bank of India with their parent bank and press for resolution of their unmet demands including early settlement of wage revision, and extension of one more option to join pension scheme This decision emerged at a meeting of the United Forum of Banking Unions (UFBU) here in the Capital today, according to the UFBU Convenor, Mr C.H.Venkatachalam. The strike call for January 25 coincides with the meeting of the boards of six associate banks on the same date to consider in-principle nod for their merger with SBI. Besides the strike call for January 25, the UFBU has also decided to go for two days of strike on February 25 and 26. “If our demands are not met by then, we will go on an indefinite strike from last week of March 2008,” Mr Venkatachalam said.