HC Stops Bank Employees From Going on Strike Against Privatisation

The strike was against the proposed merger of SBI associates and privatisation of IDBI Bank.

Four subsidiary banks of the State Bank of India (SBI) had planned the strike against their merger with SBI. (Photo: Reuters)

The Delhi High Court has restrained a section of public sector bank employees from going on strike from Tuesday to protest against the proposed merger of SBI associates and privatisation of IDBI Bank. The matter is due to be heard next on 20 July.

Justice V K Rao, who passed the order on a plea of State Bank of Patiala and four other subsidiary banks of the State Bank of India (SBI), restrained State Sector Bank Employees Association (SSBEA) and All India Bank Employees’ Association (AIBEA) from proceeding ahead with the two-day strike.

Respondents are restrained from resorting to any form of strike and/or from preventing or calculating to prevent the normal business of banking of the petitioner banks and/or restraining them from preventing, obstructing and hindering the customers and visitors of the bank. 

Delhi High Court Order 

Many banks including Bank of Baroda, State Bank of Bikaner and Jaipur and State Bank of Mysore have already informed that if strike materialised it could lead to inconvenience to their customers.

(With inputs from PTI)