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Govt. considering 50%DA Merger of CG Employees
There are indications that the Central Government may approve merger of 50% DA with pay for the Central government employees. The VII CPC may consider this issue urgently. The V CPC has granted 50%...
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Associated Banks of SBI on strike against unjustified merger
The Bank workers of the Associated Banks of SBI ie. State Bank of Travancore, State Bank of Mysore, State Bank of Hyderabad, State Bank of Bikaner and Jaipur, State Bank of Patiala and Bharatiya Mahila...
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Air India-Indian Airlines Merger – What we said is true
Shri Ashwani Lohani, CMD Air India is reported to have said that Air India started posting loss and troubles started after the merger of the two PSUs Air India and Indian Airlines. We said the same...
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FM for early merger Associated Banks with SBI
The Finance Minster Arun Jaitely has stated that he is expecting early govt. decision on the merger of the Associated Banks with the State bank of India.The Associate banks are State Bank of Bikaner...
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Cabinet approves merger of associated banks with SBI
Though the NDA government is taking undue delay in taking decisions on the recommendations of the VII CPC, on the justified demands of the working class and also stopping the high price hike, it is...
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Protest Against the attack on the SBT employees
The employees of the State Bank of Travancore (SBT) are on agitation against the decision of the Government to merge it with SBI. The government has decided to merge all its affiliated 5 banks with SBI...
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Cabinet Approved Merger of Affiliated Banks with SBI
Despite strong opposition from the bank employees and their unions, the Cabinet has reiterated its decision today, 15th February 2017, to merge the following 5 affiliated banks with State Bank of...
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Merger of PSU Banks in the Govt. Agenda
After the merger of the Associated Banks and Mahila Bank with SBI, the government is proposing to merge the Nationalised Banks. Two or three PSU Banks are planned to be merged in to one. The Finance...
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Merger of Vijaya, Dena Banks with Canara Bank
‘Merger’ has become the most important word in the banking sector. It is only a few weeks back that the 5 associated banks and the Mahila Bank were merged with SBI, despite strong protests from the...
View ArticleDon’t Merge Public Sector Banks – CPI(M)
New Delhi, January 15: The Polit Bureau of Communist Party of India (Marxist) has issued the following statement: The Polit Bureau is deeply concerned at the un-seemly haste with which the government...
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