Financial Daily from THE HINDU group of publications
Friday, Dec 03, 2004
Financial Daily from THE HINDU group of publications Friday, Dec 03, 2004 |
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Money & Banking
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Trade & Labour Unions AIBOC to oppose merger of banks Our Bureau
MUMBAI: The All-India Bank Officers' Confederation (AIBOC) announced that the unions have decided to strongly oppose the merger and acquisition of banks in any form at the 7th Triennial General Conference of AIBOC, which ended on November 29. In a press release, the union said the organisation will pursue extension of second option of pension for officers and the employees of the banks. The banking industry should be taken out of the purview of CVC and CBI for progress and development of its business base, said the release. At the conference, Mr R.C. Agarwal was elected as the President for the next triennial period and Mr Shantha Raju as the General Secretary.
More Stories on : Trade & Labour Unions | Mergers & Acquisitions
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