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SBI associates’ staff have gone on strike against merger

Around 50,000 employees of five associate banks of State Bank of India have gone on a day-long nationwide strike today for protesting the proposed merger with their parent bank.

The employees are protesting under the banner of All India Bank Employees Association.

A statement issued by the Union said that “We are protesting against the plan of SBI management to merge 5 large associate  banks into it.”

There are five associate banks of SBI that includes State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore.

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