Parleys fail, SBI strike to continue

AFTER RAISING hopes of a breakthrough, talks between striking SBI employees and management today failed to end the stalemate with Government not in a mood to meet their demand for higher pension.

AFTER RAISING hopes of a breakthrough, talks between striking SBI employees and management today failed to end the stalemate with Government not in a mood to meet their demand for higher pension.

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At the end of two rounds of talks with bank Chairman A K Purwar on the sixth day of the strike today, the unions decided to continue their agitation even as four major states shifted business to other nationalised banks.

During the negotiations, the unions scaled down their demand of Rs 16,000 a month as pension ceiling to Rs 13,000 and also offered to limit it up to AGM level instead of general manager level.