Banking services hit over employees’ strike

Demands include strengthening of public sector banks and withdrawal of the move to privatise banks

November 26, 2020 06:58 pm | Updated 08:40 pm IST - MYSURU

Striking bank employees staging a demonstration in Mysuru on Thursday in support of their demands.

Striking bank employees staging a demonstration in Mysuru on Thursday in support of their demands.

Banking services across Mysuru came to a halt on Thursday in the wake of the strike by employees in response to a call from the national bank employees’ unions and associations in support of their demands.

The staff associated with the Mysuru District Bank Employees Association, acting on the call from All India Bank Employees’ Association, All India Bank Officers’ Organisation and Bank Employees’ Federation of India, supported the national general strike called by various trade unions, in protest against the privatisation of banks and demanding strengthening of public sector banks.

The other demands include putting an end to outsourcing of regular banking jobs; recovery of huge corporate NPAs; action against loan defaulters; increasing the interest rate on bank deposits; DA for all bank employees and cooperative banks’ employees; revitalising the cooperative banks and RRBs; and scrapping of the new pension scheme for bank employees and officers.

H. Balakrishna, Secretary, MDBEA, Mysuru, said in a statement that it had become necessary for the employees to protest against the policies of the government since the wealth creators – workers and farmers – are being given a raw deal and those depriving them their rights are getting all the attention. “This is the reason why the national convention of workers gave the call for the general strike on November 26 which was supported by the bank employees,” he said.

“Barring the SBI and IOB, services in all banks were affected following the strike,” Mr. Balakrishna told The Hindu .

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.