Palli Sanchay Bank suspends Collective Bargaining Agent activities until further notice
The decision was announced in a letter, signed by the bank’s Managing Director Salma Banu today (7 October), stating that the bank’s operations will remain halted until new instructions are issued.
Palli Sanchay Bank, the state-owned specialised financial institution, has suspended the activities of its Collective Bargaining Agent (CBA) until further notice.
The decision was announced in a letter, signed by the bank's Managing Director Salma Banu today (7 October), stating that the bank's operations will remain halted until new instructions are issued.
According to bank sources, a copy of the letter has been sent to the Ministry of Labour and Employment and the bank's chairman.
Keep updated, follow The Business Standard's Google news channel
A CBA is a trade union or group of unions representing employees in negotiations with management over wages, working conditions, and employment terms.
Palli Sanchay Bank operates under a microcredit-based cooperative model, providing various financial services across 490 upazilas nationwide.
