The clash between trade unions and bank managements/ government on the wage issue is not new. For years, unions have been complaining that wages for PSU bankers are far below government servants, forget the private sector counterparts. “While government employees benefited from the liberal pay commission revisions, bank employees are left out. The reason often cited for low pay is high non performing assets in public sector banks. But for this scenario should change, we need to prevent the loss of talent to private sector,” said Naresh Malohtra, and ex-SBI executive who spent around 30 years in the bank. … [Read more...] about Do India’s pubic sector bank employees deserve a 20% pay hike?