Summary:
Tribune News ServiceBathinda, October 22On a call given by the All India Bank Employees’ Association (AIBEA) and the Bank Employees’ Federation of India (BEFI), most of the public sector banks remained closed here on Tuesday. They were protesting against the merger of the 10 banks into four and poor recoveries of bad loans. The Bathinda unit of the Punjab Bank Employees’ Federation staged a protest in front of the circle office of Punjab National Bank at Model Town here. Addressing a gathering, KK Singla said even big banks in the US collapsed during the slowdown period in the US. A big bank like Punjab National Bank could not detect Nirav Modi and Mehul Chouksi’s frauds for many years..