SBI Staff Plan 2-Day Strike May 25-26 Over Recruitment, Mis-selling

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AuthorIshaan Verma|Published at:
SBI Staff Plan 2-Day Strike May 25-26 Over Recruitment, Mis-selling
Overview

State Bank of India's employees' federation protested in Kolkata, pressing 16 key demands. These include hiring sub-staff, ending insurance product mis-selling, and filling vacancies. The union has now called for a two-day nationwide strike on May 25-26, citing ongoing issues with settlement implementations and bilateral mechanisms. The agitation is part of broader nationwide protests.

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SBI Staff Intensify Protests

State Bank of India (SBI) employees held a significant protest in Kolkata on Monday, stepping up their campaign for a 16-point list of demands. This action reflects growing employee discontent with the bank's management and how labor issues are handled.

Key Demands Focus on Staffing and Sales Tactics

The union's demands center on critical issues including the urgent hiring of sub-staff and security guards. They also call for an end to the "mis-selling" of insurance products to customers and the immediate filling of numerous staff vacancies. Union leaders argue these steps are vital for the bank's operations and maintaining customer confidence.

Union Cites Failed Grievance Resolution

Alongside the protests, the federation stated that existing dialogue channels for resolving employee grievances are "not working satisfactorily." They pointed to a pattern of agreements and previous settlements that have either been poorly implemented or not implemented at all, contributing to the current unrest. This failure in communication has led employees to consider more serious actions.

Strike Plan Follows Wider Protests

Monday's protest is part of a wave of nationwide actions over the past week, which included wearing badges and lunchtime demonstrations. The federation has already submitted formal requests to Members of Parliament and government officials. The next steps involve candlelit processions, leading up to the planned nationwide strike at SBI on May 25 and 26.

Workers in the 'workmen' category are expected to join the two-day strike, operating under the Industrial Disputes Act. Investors will be closely monitoring how the management responds and the impact of these strikes on the bank's operations and employee relations.

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