"Nothing to fear": Top bureaucrat says IDBI staff, pensioners' service conditions won't change after Fairfax deal
The government has sought to calm anxieties among IDBI Bank employees and pensioners as the proposed strategic sale to Fairfax advances, with the Department of Investment and Public Asset Management secretary saying their service conditions will remain unchanged. The assurance comes amid rising labour resistance, including a planned strike at IDBI branches in early November backed by the United Forum of Bank Unions.
