Bank strike in December: Merger of BoB, Dena bank and Vijaya bank unwarranted, says AIBEA
The All India Bank Employees Association (AIBEA) which has called for a nation-wide strike on December 26 opposing the merger of Bank of Baroda, Dena Bank and Vijaya Bank, Saturday said the move was unwarranted as it would not be beneficial to the economy and the people at large.
The mergers of the banks would "surely" result in closure of branches and would endanger job security, Venkatachalam said. Image source: Reuters