Bank strike declared, operations to be hit on Dec 26; lenders too be shut on these other days too
Since India is largely unbanked or underbanked with low density of banks, the mergers will kill bank branches, said the AIBEA, adding that focus should be rather on recovering huge outstanding loans.
The AIBEA is part of nine unions in the banking sector under the umbrella body of United Forum of Bank Unions (UFBU). Representational Image, source: PTI