Polaris Bank crisis deepens as meeting with union leaders ends in deadlock

The crisis rocking Polaris Bank is yet to settle as the meeting between its management and the National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) leaders over the sack of its members on Wednesday failed to reach an agreement.

It was gathered that besides the contentious sacking of the workers, there are other issues like disparity in remuneration between the old and new staff, which has brought the morale of the affected staff to the lowest ebb.

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