Here’s why RBI staff is going on mass leave on September 4, 5

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Published: August 20, 2018 5:22:35 PM

The United Forum of Reserve Bank Officers and Employees today said its members will go on mass casual leave on September 4 and 5, pressing their long-pending demands over pension-related issues.

rbi, central bank, bad loanOne of the areas which the central bank has been emphasising is making the banks identify stress early, he said.

The United Forum of Reserve Bank Officers and Employees today said its members will go on mass casual leave on September 4 and 5, pressing their long-pending demands over pension related issues. According to a press release, United Forum today held a silent demonstration near the RBI office here which witnessed the participation of various leaders.

“To express deep resentment at the attitude of the officials of the Government of India, RBI staff members have
waited too long and the limit of patience is crossing and are left with no alternative but to observe two consecutive days strike action ( Mass casual leave on September 4 and 5, 2018),” it said.

The forum will also submit a memorandum to the respective regional directors of all RBI centres on August 27.
The demands include updation of pension for contributory provident fund retainers and allow CPF/ additional provident fund for those recruited from 2012, among other demands.

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