‘Merging RRBs with PSBs Engulfs the Rights and Progress We've Fought For’

The All India Bank Officers’ Confederation (AIBOC) and the All India Bank Employees Association (AIBEA) recently sent a letter to the Finance Minister advocating for the merger of Regional Rural Banks (RRBs) with their sponsoring Public Sector Banks (PSBs). This proposal has sparked significant debate within the banking sector. In this context, Kanal interviewed Anto Gaulbert, President of the Tamil Nadu Grama Bank Officers' Association. He stated, "RRBs have reached their current level of success through prolonged struggle and hard work by their employees. Those who were not part of this journey are now attempting to take over RRBs easily through a merger."