Tag: Public Sector Banks

Nationwide strike by bank employees begins
News

Nationwide strike by bank employees begins

December 16, 2021

Banking transactions come to a halt as staff go on 2-day strike in protest against privatisation moves Mysore/Mysuru: Strongly opposing the Centre’s move to introduce the ‘The Banking Laws (Amendments) Bill-2021’ in the current winter session of the Parliament so as to enable the Government to privatise Public Sector Banks (PSBs), bank employees under the…

10 Public Sector Banks to turn into four big banks from April 1
News

10 Public Sector Banks to turn into four big banks from April 1

March 7, 2020

New Delhi: The Cabinet has approved the consolidation of 10 Public Sector Banks (PSBs) into four ‘mega banks’ from April 1.  The Narendra Modi Government had announced the mega merger in August last year. As per the plan, United Bank of India and Oriental Bank of Commerce would merge with Punjab National Bank, making the…

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