RBI employees to strike over reduced pensions

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INDIA - Employees of the Reserve Bank of India (RBI) are to stage a mass casual leave at the beginning of December, calling for restoration of pension arrangements for retired employees.

The country's central bank, which has 22,000 employees, last month reduced monthly pension payouts for around a third of employees who retired before 1997 by between Rs700 (US$14) and Rs5,000 (US$1...

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