Appeal to Employees of Public Sector Banks and Regional Rural Banks for Ensuring Uninterrupted Banking Services

India, Sept. 21 -- The Government of India has issued a release:

The United Forum of Bank Unions and certain other Unions/Associations in the Public Sector Banks (supported by Regional Rural Banks) have called for a series of strikes in support of two principal demands: implementation of five-day banking, and withdrawal of the Performance Linked Incentive (PLI) scheme. Taking due note of the concerns raised, the Government, after detailed discussion, decided to keep the PLI scheme in abeyance. This proactive initiative by the Government fulfilled one of the two main demands of the Unions.

Following this, the Government held several rounds of conciliation to address the outstanding issues through dialogue, in keeping with the established p...