Bank Unions Defer Three-Day Strike After Talks With IBA Yield 'Understandings'
Bank unions have deferred their planned three-day nationwide strike after what they described as “understandings reached” with the Indian Banks’ Association, easing an immediate threat of disruption across the banking system. A high-level committee of the IBA and the United Forum of Bank Unions will be formed immediately to examine the long-pending demand to declare the remaining Saturdays as holidays.
