Employees unions of ING Vysya Bank today staged a protest here with demands for 'job security' in the wake of its merger with Kotak Mahindra Bank. The protest was held on a day when ING Vysya Bank has called a shareholders' meeting here for their approval for the proposed merger. Separately, Kotak Mahindra Bank has also called its shareholders' meeting in Mumbai today the Rs 15,000-crore merger plan. About 100 employees took part in the protest, jointly organised by the All India ING Vysya Bank Employees' Union and All India ING Vysya Bank Officers' Association, which claimed their concerns over the proposed merger remain unresolved. "Kotak Mahindra Bank has to come forward and sign a tripartite agreement along with the ING Vysya Bank," All India ING Vysya Bank Employees' Union General Secretary K J Ramakrishna Reddy told media. The Bank spokesperson, on the other hand, said: "Shareholders will have a chance to vote on the merger at the EGM today. The shareholders' decision will be binding on all.
