Bank unions defer proposed 2-day strike; operations to be normal on September 2...

Finance Secretary Rajiv Kumar temporarily assuaged the bankers who threatened to go into strike following Centre’s announcement of its mega consolidation plan to bring the down the total number of PSBs to 12 from 19 in 2017 in a bid to make them global-sized banks.

from Hindustan Times - business https://ift.tt/2kIOnC7