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| Public Sector Banks observe strike | | |  Early Times Report
Jammu, July 29: Public Sector Banks today observed strike throughout the country today on the call given by United Forum of Bank Unions (UFBU) and was joined by all the officers and workmen of public sector banks in India. All the branches of PSBS remained closed throughout the country and banking work came to a standstill.
In this connection, officers and workmen of state bank of India in Jammu organized a massive demonstration in administrative office of SBI at Rail Head Complex, Jammu which was attended by a huge gathering of the employees of SBI. Speaking on the occasion, Suresh Wali, Dy. General Secretary of SBI officers association highlighted the issues included opposing government move to Privatise Public Sector Banks in India, oppose proposed anti-worker labour reforms, bringing in a tough legislation to recover bad loans and taking strict legal and punitive action against wilful defaulters,
Suresh Wali said that all the government schemes aimed at uplifting the poor and the deprived section of the society were 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 forfeited by such moves. He further said that all public sector banks were profit making entities which had a major contribution in the economic development of our country. |
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