Indian bank mergers on solid track – GulfToday – Gulf Today

Indian bank mergers on solid track – GulfToday – Gulf Today

The amalgamation of 10 public sector banks into four has been working smoothly for the past two months without any heartburns as the employee benefit schemes have been extended to all the employees, said a top official of All India Bank Employees' Association (AIBEA).. The scheme that is most beneficial to the employees were extended to all the employees of the amalgamated entity.. "The next step is to draw up the career, transfer and other policies of the amalgamated entities taking into account the policies of individual banks..