RBI employees' mass leave hits major banking services like cheque clearance and more
Updated: Nov 19, 2015 02:17:01pm
The services like cheque clearances, payments and settlements and forex transactions. However, RBI is making all efforts to keep the RTGS facility open.
The mass leave has been called by the United Forum of Reserve Bank Officers and Employees, the umbrella organisation of four recognised unions of officers and other employees at the central bank.
The unions are opposing the government's move to take away the public debt management from the Reserve Bank and curtail its powers on the monetary policy.
The unions are also demanding up gradation of pension of employees who retired earlier and want them to be at par with those retiring now. (KNN Bureau)