Monday, December 5, 2011

GOVT NEEDS TO TAKE ON UNIONS TO SAVE BANKS

... Twenty years ago, a panel headed by former Reserve Bank of India governor M. Narasimham, that looked into banking reforms, first mooted the idea of dismantling the industry-wide wage pact and recommended bank-specific compensation package. The industry does not need a standardized wage structure when productivity of employees and profitability of banks are different from each other......

Read...........

No comments: