New Delhi: After an "understanding" with Indian Banks' Association on their demands relating to pension, outsourcing, compassionate appointments and recruitments, employees unions of nationalised banks on Wednesday called off their three-day strike plan proposed from March 28.
Since banking services would have remained disrupted almost the entire next week due to the proposed strike, it could have put customers to inconvenience.
The strike could also have put the Government to inconvenience, as tax payments for 2006-07 have to be made by March 31.
Union leaders, however, insisted that they are only deferring the strike and not calling it off since the stir could be revived "any time" if the promises made to them are not met.
"We have decided to defer agitational programme including a three-day strike," All India Bank Employees' Association General Secretary C H Venkatachalam told PTI after a meeting between union leaders and IBA.
The strike was called to demand a second option of pension, compassionate appointment and in protest against outsourcing of work and "ban" on recruitments.
As per the agreement between the two sides, unions will give their proposal on pension before April 30 to IBA, which will work out a mutually agreed solution before June 30, Venkatachalam said.
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