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To protest mergers, bank officers threaten strike

Delhi/Chandigarh, September 12

Four unions of officers of public sector banks have threatened to go on a two-day strike from September 26 to protest against the announced consolidation of 10 state-run lenders into four.

In a notice serviced to the Indian Banks’ Association, the officers’ unions said they propose to go on strike to protest against mergers and amalgamations in the banking sector.

The government on August 30 announced consolidation of 10 large public sector banks into four.

A union leader also said the nationalised banks will further observe indefinite strike from the second week of November to press for their demands. — PTI



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