Bank Strike, March 21 -- The Banking union, the United Forum of Bank Unions (UFBU), on Friday, March 21, has decided to call off their two-day India-wide strike after receiving assurances from the Finance Ministry and the Indian Banks' Association (IBA) about their demands.

The UFBU is an organisation for bank employees from nine unions across the nation. UFBU initially called a nationwide strike on Monday, March 24 and Tuesday, March 25.

The Chief Labour Commissioner decided to defer the strike after calling all the parties for a consultation meeting on Friday, reported the news agency PTI.

As per the agency report, the Ministry of Finance and the IBA assured the union that they would deliberate on the demands raised by the workers, w...