1. Nationwide bank strike called over five-day banking demand

Nationwide bank strike called over five-day banking demand

India

  • Indian bank unions have called a nationwide strike on September 11, with public sector bank services likely to be hit the most.
  • Unions are protesting because the proposed five-day banking system has still not been implemented, despite earlier discussions with the banking industry and government.
  • They also want changes to the performance-linked incentive system, pension revisions for retirees and an option to return to the Old Pension Scheme.

Source: telegraphindia.com

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