INSUBCONTINENT EXCLUSIVE:
Unions have also threatened to go on indefinite strike from the second week of November.Around four lakh bank employees across the country
are set to go on 2-day strike in September to protest against the merger of public sector banks, reported news agency Asian News
The strike has been called by four bank unions- All India Bank Officer's Confederation (AIBOC), the All India Bank Officer's Association
(AIBOA), the Indian National Bank Officer's Congress (INBOC) and the National Organisation of Bank Officers (NOBO)
worth of transactions will be affected in a day," R Sekaran, Secretary of All India Bank Officers' Confederation's (AIBOC), Tamil Nadu
added.On August 30, Finance Minister Nirmala Sitharaman announced four mergers of banks, a move she said would result in 12 public sector
banks in the system instead of 27.Among other demands, the unions are also seeking immediate introduction of five-day week in full and
interference in the existing procedure of vigilance cases by outside agencies, settlement of issues pertaining to retirees, adequate
recruitment, scrapping of NPS (National Pension System), reduction of service charges for consumers and harassing of officers under specious
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