The Bold Voice of J&K

Public sector banks shut down, operations hit

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JAMMU: On the call given by United Forum of Bank Unions (UFBU), all public sector banks observed compete strike throughout the country on Friday.
The basic banking services were affected throughout the Jammu and Kashmir State and it is a failure on government’s part to resolve the issues, which has led to the strike despite the unions gave notice of strike much earlier, Suresh Wali , Deputy General Secretary SBI Officers Association said.
All the officers and workmen of State Bank of India (SBI) held a massive protest in front of Administrative Office of SBI at Rail Head Complex, here.
Speaking on the occasion, Suresh highlighted the demands placed by UFBU which include opposing government move to privatise public sector banks in India and anti-workers labour reforms.
Suresh said that all the government schemes aimed at uplifting the employees are implemented through public sector banks only and the contribution of private sector banks in this field was minimal.
The much talked about policies of the government aimed at bringing about social justice and all-round development will be fortified by such moves, he further said adding that public sector banks were profit making entities which had a major contribution in the economic development of the country.
In case government goes ahead with the move of privatising public sector banks, all resources in the shape of public deposits will unethically be placed at the disposal of a privileged few.
Sham Lal Hans, Dy General Secretary of SBI Staff Association, JK Module, emphasised the need to fight against such government moves which were anti-workmen.

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