Trade unions of public sector banks (PSBs) on Monday decided to withdraw a two-day nationwide strike slated to begin from Wednesday. The unions called off the strike after holding a meeting with Finance Secretary Rajiv Kumar in which they were assured that a committee will be set up to address issues arising out of the proposed amalgamation of 10 PSBs into four. “The finance secretary was positive in formation of a committee consisting of all concerned to address the issues arising out of the proposed merger of 10 banks, including preserving the identity of all the banks. An appeal was made to us to revisit our strike call in view of the discussions,” a statement issued by four unions, which had given the strike call, said.

https://wap.business-standard.com/article/economy-policy/trade-unions-of-public-sector-banks-call-off-two-day-nationwide-strike-119092400040_1.html

 

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