IDBI Bank officers threaten 6-day strike from Monday
A section of IDBI Bank officers has threatened to go on six-day strike from Monday in protest against proposed acquisition of the bank by Life Insurance Corporation and wage-related issues. Wage revision for IDBI Bank employees is reportedly pending since November 2012. Notably, insurance regulator IRDAI has given nod to LIC to acquire up to 51% stake in IDBI Bank.