Press Esc to close
Thursday 29 January 2015
News updated at 9:29 PM IST
Weather
Max: 28°C
Min : 17°C
In Bengaluru
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
A groom leads his horse in the equine pool after working out on the track, during early morning...

A groom leads his horse in the equine pool after working out on the track, during early morning...

A handler bathes a horse after a training session ahead of the Indian Derby in Mumbai...

A handler bathes a horse after a training session ahead of the Indian Derby in Mumbai...

Ladakhi women offering prayers during the inauguration of traditional Buddhist prayer...

Ladakhi women offering prayers during the inauguration of traditional Buddhist prayer...

A Police man takes pictures as the Raisina Hill which houses India's most important ministries...

A Police man takes pictures as the Raisina Hill which houses India's most important ministries...

A man walks on a snow covered path after in Srinagar on Thursday. Temperatures drop due...

A man walks on a snow covered path after in Srinagar on Thursday. Temperatures drop due...

A scene after light snow fall at Dal Lake in Srinagar on Thursday...

A scene after light snow fall at Dal Lake in Srinagar on Thursday...

Migratory seagulls are seen above the river Ganga during Magh Mela in Allahabad...

Migratory seagulls are seen above the river Ganga during Magh Mela in Allahabad...

President Pranab Mukherjee leaving for Beating Retreat ceremony from forecourt...

President Pranab Mukherjee leaving for Beating Retreat ceremony from forecourt...

School children perform during presentation of National Bal Shree Honour 2011 & 2012...

School children perform during presentation of National Bal Shree Honour 2011 & 2012...

Bollywood actor Anil Kapoor during inauguration of International Bicycle & Fitness Expo...

Bollywood actor Anil Kapoor during inauguration of International Bicycle & Fitness Expo...

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