Bank Employees To Protest On Friday

Posted By:
Subscribe to GoodReturns

Bank employees plan to conduct "March to Parliament" on September 15 to draw the government's attention towards various issues, Deepak Kumar Sharma, general secretary of SBI Officers Association, Chandigarh Circle, said in Dharamshala.

Sharma added that as regards the banking sector there is a long list of issues like shortage of staff, real recovery of NPAs, withdrawal of FRDI Bill, an increase of service charges of public and compensation of demonetization.

Bank Employees To Protest On Friday

He also raised some issues of SBI like the merger of associate banks and said that a number of irritants in the area of implementation of the merger have come before the association like the placement of officers, relocation of offices and structural changes as the number of branches and new regional offices been increased.

The workforce of the banking industry is preparing for a strong protest action during the next couple of months in order to convey their resentment over such issues, he said.

Sharma was visiting the city in connection with the opening of the Officers Guest House at Dharamshala.

Sharma said in an official press release that "after a successful all-India strike on August 22 this year, the officers and workmen in the banking industry have given a call for 'March to Parliament' on September 15, 2017".

Sharma drew attention towards the huge NPAs created by the corporate sector, helplessness of bankers in recovering the loans in the absence of strong political will and stringent legal frame work.

He said, "The government has been continuously complaining about the performance of banks by highlighting the growing NPAs with a sinister design to privatize the banking industry."

Sharma said the new wage revision is due from November 1, 2017, and the Indian Banks' Association (IBA) is yet to commence dialogue with seriousness.

PTI

Read more about: bank, employees, npa, protest
Story first published: Tuesday, September 12, 2017, 13:45 [IST]
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC