Summary:
The date is yet to be ascertained.Naresh Gaur, Secretary, Bank Employees Federation, Pawan Thakur, President, Punjab Bank Employees Federation, Harvinder Singh , Vice-President, Vijaya Bank, Rajesh Verma, Vice-President, Punjab Bank Employees Federation, Gurmeet Singh and Chiranjeev Joshi from All India Bank Officers Association addressed the bank employees.While addressing the employees, leaders of Federation said that the government has announced its decision to merge three banks viz Bank of Baroda, Dena Bank and Vijaya Bank into one single bank. Out of 21 PSBs, 19 banks are in loss on account of bad loans and provisions for bad loans. LUDHIANA: On the call given by United Forum of Bank Unions (UFBU), bank workforce and officers are holding massive demonstrations opposing unwarranted merger of three banks. Thus, during the recovery of bad loans and taking criminal action against those involved in the scams is the top priority. The total bad loans in the three banks amount to Rs 80,000 crore and merging the three banks will not help to recover the bad loans..