Talks fail, bank workers to strike work on July 12, 13

Cheni, July 9: Bank employees are preparing to strike work on Tuesday and Wednesday after talks between their representatives and bank magements failed on Friday, C.H. Venkatachalam, a union leader, said on Saturday. The magements "made no concrete proposal" to the employees who have been opposing the proposed merger of the State Bank of India (SBI) with its associate banks as also privatisation of the IDBI Bank, Venkatachalam, the General Secretary of the All India Bank Employees' Association (AIBEA), said in a statement.