Hari Apagain, a leader of the employees, said they would not lift the padlock until their demands are met. “We had urged the bank´s management committee to decide on merger from the general assembly. But the management ignored our demand,” added Apagain. “The merger process is progressing, but the management has halted the process by not calling the general assembly.”[break]
Ram Kumar Dhakal, another leader of the employees, said they resorted to padlocking the bank´s central office after the management failed to take any decision on the issue within the timeframe given by them.
The employees had asked the management to decide on the issue by September 7. The merger process had begun in the initiation of Nepal Rastra Bank on August 29.
The employees have warned the management of halting operations at all 32 branches of the banks if their demands are not met by September 15.
The central bank had initiated merger of rural development banks in five development regions in order to make the biggest microfinance institution in the country.
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