Tuesday, October 15, 2013

AIBEA opposes banking reforms

The All India Bank Employees Association on Monday said that it will launch an agitation if the Reserve Bank of India proceeds with any proposal allowing takeover of Indian banks by foreign banks. “We strongly oppose the RBI Governor’s proposals aimed at takeover of our banks by foreign banks. These are against our country’s interest,” C.H. Venkatachalam, General Secretary of the association, said............

1 comment:

sitendra kumar said...

As usual, the Union is looking for an issue to pick up a fight. Instead of sticking to core issue of wage revision in which it has failed to make any progress and wants to delay the settlement by another two years to collect levy, it has raised an issue which is not in its jurisdiction.The members should throw out such a Union.