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September 22, 2008 12:32 IST
Finance Minister P Chidambaram has termed the proposed nation-wide strike by bank employees on September 24 as 'unnecessary' and said the Centre was ready to hold talks with bank unions.
"The strike is not necessary. The government is ready to hold talks with bank unions," he said after inaugurating a Bank of India [Get Quote] branch in Sivaganga on Sunday night.
Referring to the collapse of some financial institutions in the US, he said banks in India were insulated from the crisis and their financial position was quite strong.
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