Calcutta, Feb. 19: Bank unions have expressed concern over the delay in the appointment of representatives of employees on the boards of public sector banks and have urged the North Block to expedite the filling up of these vacant positions. As many as 19 public sector banks do not have representation from either officers or workmen on their boards despite a statutory requirement under the Banking Companies (Acquisition and Transfer of Undertakings) Act. According to the All India Bank Officers’ Confederation (AIBOC), the vacancies in some of the public sector banks have been for a period of more than a year. “This issue regarding the filling up of vacant positions of officer and workmen directors in public sector banks is one of the demands on which the all India bank strike has been called on February 28. The bank unions are also opposing any anti-people reforms, including outsourcing of permanent jobs,” said Rajen Nagar, president of the All India Bank Employees Association.

Source: The Telegraph February 19, 2017 20:37 UTC