The Union Finance Minister Shri Arun Jaitley has made an appeal to all the employees of Public Sector Banks (PSBs) and their Unions & Associations not to resort to agitation approach by participating in bank strike . He informed the employees of PSBs that banks are already in negotiations with their Unions and Associations for wage settlement The Finance Minister Shri Jaitley said that the bipartite negotiations in a cordial manner is the only available tool for settlement.

The Finance Minister Shri Jaitley said that participating in the proposed strike is neither desirable nor affordable in the interest of the nation. Making an another appeal to the employees of PSBs, their Unions and Associations, the Finance Minister asked them not to resort to such disruptive means, and call off the call for strike.

Bipartite negotiations urged as the sole settlement mechanism; bank employees and unions asked to refrain from strike action. The Finance Minister appeals to Public Sector Bank employees and unions to refrain from strike action and to call off proposed industrial action, stressing that bipartite negotiations between banks and unions are the sole appropriate mechanism for settling wage and related disputes and urging continued cordial, institutional bargaining.