Bank strike total: 10 lakh bank employees join Nationwide stir
News

Bank strike total: 10 lakh bank employees join Nationwide stir

August 22, 2017

Mysuru: Banking services in the city was hit today as nearly 200 employees including officers of various banks across the city joined together in the nationwide strike called by the United Forum of Bank Union (UFBU).

The employees were protesting against the ‘anti-people’ policies of Central Government that includes writing off Corporate NPAs (Non-Performing Assets), and increase in bank charges.

They are demanding the implementation of Parliamentary Committee recommendations for recovery of NPAs,  stringent measures for recovery of bad loans, withdrawal of proposed FRDI (Financial Resolution and Deposit Insurance) Bill, Abolition of Bank Boards Bureau, Adequate recruitment in all cadres and resolution of issues related to employees.

The strike was called by UFBU, an umbrella body of nine organisations that includes All India Bank Employees Association, All India Bank Officials Council, National Council of Bank Employees, All India Bank Officers Association and Bank Employees Federation of India.

All banking activities came to a standstill. The applicants for MUDA sites were a disappointed lot, as they could not apply for the sites. Businesspersons and other traders also had to return disappointed as the exchange of cheques and other transactions could not be done. However, so far, the ATMs have not been affected.

UFBU Regional Secretaries S.S. Prasanna and Sriram, Office Bearers Guru Dutt, Madhav Rao and M. N. Guru Dutt led the protest by taking out a procession from the Regional office of SBI in Saraswathipuram shouting slogans urging the fulfilment of their long pending demands. A few of the employees had also gathered in front of the Regional Office of Canara Bank in Nazarbad and staged protest.

They threatened to intensify the agitation in the coming days if their demands are not met.

READ ALSO  All India Bank strike tomorrow

In all, more than 10 lakh employees across the country participated in the nationwide strike and 1,32,000 branches downed the shutters.

ABOUT

Mysuru’s favorite and largest circulated English evening daily has kept the citizens of Mysuru informed and entertained since 1978. Over the past 45 years, Star of Mysore has been the newspaper that Mysureans reach for every evening to know about the happenings in Mysuru city. The newspaper has feature rich articles and dedicated pages targeted at readers across the demographic spectrum of Mysuru city. With a readership of over 2,50,000 Star of Mysore has been the best connection between it’s readers and their leaders; between advertisers and customers; between Mysuru and Mysureans.

CONTACT

Academy News Papers Private Limited, Publishers, Star of Mysore & Mysuru Mithra, 15-C, Industrial ‘A’ Layout, Bannimantap, Mysuru-570015. Phone no. – 0821 249 6520

To advertise on Star of Mysore, email us at

Online Edition: [email protected]
Print Editon: [email protected]
For News/Press Release: [email protected]