Press Esc to close
Thursday 30 October 2014
News updated at 11:20 PM IST
Weather
Max: 0°C
Min : 0°C
In Bangalore
Sunny day

Bank strike today

Bangalore: Aug 22 , 2012 DH News Service

Bank transactions will be hit on Wednesday and Thursday, as nearly 15,000 employees of nationalised banks will strike work to press Union government for a slew of demands.

Local unit of the Nationalised Bank Officers and Employees' Union will stage a demonstration at  Mysore Bank Circle protesting merger of banks without consulting Competition Commission of India, increasing voting rights in old banks from 10 per cent to 26 per cent.

Opposition to Foreign Direct Investment and opening up of banking sector for corporate companies will also be on the agenda of Union leaders.


The two-day stir is being organised ahead of Union Finance Minister P Chidambaram tabling a bill related to management of banks in India on Wednesday. Although, all nationalised banks will down shutters for two days, ATMs will function as usual.


‘No amendments’

Speaking to Deccan Herald B S Ravindra, Deputy General Secretary SBI Employees' Association said their major demands are opposition to amendments to Banking Regulation Act, 1949 and Banking Companies Acquisition, Transfer and
Undertaking Act, 1 970 and 1980.

Go to Top

Photo Gallery
Security personnel patrol a street after a protest by the supporters of Jammu and Kashmir...

Security personnel patrol a street after a protest by the supporters of Jammu and Kashmir...

India A players Rohit Sharma and Manish Pandey during a practice match against Sri Lanka...

India A players Rohit Sharma and Manish Pandey during a practice match against Sri Lanka...

Indian Air Force officers arrive at the Gateway of India after swimming for a distance...

Indian Air Force officers arrive at the Gateway of India after swimming for a distance...

The Navy hovercraft carrying West Bengal Chief Minister Mamata Banerjee to Sagar Island...

The Navy hovercraft carrying West Bengal Chief Minister Mamata Banerjee to Sagar Island...

A Rajasthani herder with his cows in Gurgaon...

A Rajasthani herder with his cows in Gurgaon...

Devotees wait for the Sun to offer prayers, during Chhath Puja festival in Agra...

Devotees wait for the Sun to offer prayers, during Chhath Puja festival in Agra...

Sand artist Sudarsan Pattnaik creates a sand sculpture on Black Money with a message...

Sand artist Sudarsan Pattnaik creates a sand sculpture on Black Money with a message...

BJP workers arrange the cut-outs of party symbol (lotus) to decorate the boats at the Marine...

BJP workers arrange the cut-outs of party symbol (lotus) to decorate the boats at the Marine...

A police man investigates the tunnel dug up by the robbers in Gohana bank heist, in Sonipat...

A police man investigates the tunnel dug up by the robbers in Gohana bank heist, in Sonipat...

Bollywood megastar Amitabh Bachchan sweeps in a stree during a cleanliness drive as a part...

Bollywood megastar Amitabh Bachchan sweeps in a stree during a cleanliness drive as a part...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523