Merge RRBs with sponsor banks, AIBEA urges Finance Minister

Chennai, May 24 (IANS) The merger of Regional Rural Banks (RRB) with their sponsor banks would avoid business cannibalization and reduction in administrative overheads, the All India Bank Employees’ Association (AIBEA) said on Monday. In a letter to Union Finance Minister Nirmala Sitharaman, AIBEA General Secretary C.H. Venkatachalam said instead of further reforms in the… Continue reading Merge RRBs with sponsor banks, AIBEA urges Finance Minister