Bank Strike

NEW DELHI (RAJEEV SHARMA): Bank employees will report for duty as scheduled after unions decided to defer their proposed three-day nationwide strike following assurances from the Indian Banks Association (IBA) on several pending demands. The strike, which was scheduled to begin on Monday, had been called by the United Forum of Bank Unions (UFBU) and was set to coincide with the half-yearly closing of banks. A key issue raised by the unions is the demand for a five-day working week, with Saturdays being declared holidays. Following discussions with the IBA, it was agreed that a high-level committee comprising representatives of…