...........Public sector banks are the major foundation of Indian economy. With changing times, these entities would need to rejuvenate themselves like the private or foreign counterparts. A healthy wage structure and service condition would inspire and motivate the workforce, he added. Meanwhile M A Srinivasan, General Secretary, Canara Bank Oficers' Union told Business Line that the Central Committee of the All India Bank Officers Association would be meeting on September 16 and 17 at Kolkata to discuss wage revision issues, growing problem of NPA in the banking industry and issues concerning banking reforms such as payment banks among others. The AIBOA demand includes a 25 per cent hike in the pay-slip component, 5-day week and proper disciplinary guidelines..........
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