Bank employees stage protest against govt's decision to merge PSBs

AIBEA general secretary C H Venkatachalam alleged the merger of public sector banks would mean closure of six banks

Members of the All India Bank Employees' Association on Saturday staged a protest in Delhi against the Centre's decision to merge 10 public sector banks into four entities.
 

Employees of all public and private sector banks wore black badges to work as a mark of protest to the government's decision.

The Association's General Secretary, C H Venkatachalam said the government's move was "ill timed" and needs a review.

A rally opposing it was also planned by the Association, Venkatachalam told PTI.
 

He alleged the merger of public sector banks would mean closure of six banks.
 

The BJP government at the Centre had