The All India Bank Officer's Association (AIBOA) is setting up an Institute of Banking & Trade Union Research at Mamallapuram near Chennai. The Rs 1.25-crore project is expected to be commissioned on June 2, 2007. | |
| RJ Sridharan, general secretary, AIBOA, told Business Standard that the objective of the institute was to develop the overall expertise of bank employees. |
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| "The economic scenario, trade union philosophy, and competitive banking activities are all under going rapid changes. The coming up of the institute is, therefore, appropriately timed," he said. |
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| Spread over an area of 11,000 sft, it can accommodate 100 students. |
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