MERGER OF BANKS IN INDIA
A Question comes to my mind when I hear/read various views of the Finance Minister of India, the News Correspondents, so called Economists, Experts and more specifically the Trade Unions....
"Why can't we have One Bank in India which can be named "Indian NATIONAL Bank" just like "Indian Railways", Indian Army" "Indian Ordnance Factories", "India Post"etc.
The Salary/Pension/Medical facilities and other welfare measures for their staff/retirees should also be on same lines/levels like them.
There can be different Zonal Headquarers (HQs), State HQs, Regiinal HQs, District HQs, etc.
What difference does it make to Union and Association.
Consolidated Union/Association will have great bargaining power, this is my humble belief." ????
This indeed is a very Odd Question but when all the above named unified organisations are doing well and their staff are well paid and taken good care of, why should Bank Staff/Retirees be deprived of right of Equality in matters of Salary, Pension , Medical Facilities, Holiday Homes, Gratuity (presently being given to bankers on much inferior terms in relation to the said organizations).
Why ? Why not ??
Can anyone answer this, please.
Best Wishes and Regards to all !!!
A POST SCRIPT AMENDMENT IN ONE OF THE ABOVE PARAGRAPHS..
"The Salary/Pension/Medical facilities and other welfare measures for their staff/retirees should also be on same lines/levels like them PLEASE ADD . . . should be from Central Govt Pool and not from Bank's Profit.."
SECOND POST SCRIPT :-
After reading many comments I change the Question, in as much as, "Why can't or rather shouldn't we have 4-5 Banks instead of such large number of PSU Banks" ?
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