Bankers flay Khandelwal Committee report

Bankers flay Khandelwal Committee report

Nation-wide strike against price rise on Feb 28

Bankers have decided to reject Khandelwal Committee Report as it will be detrimental to employees of public sector banks.

Karnataka Regional Bank Employees’ Association Vice-President Walter Lasrado addressing the convention organised by United Forum of Bank Unions, on Sunday at Corporation Lead Bank hall, said that though the Committee was set up in 2009 to study the Human Resource in banking sector, report recommended cutting down the number of clerks working in the banks. “This move will shake the very foundation of banks and banking,” he said adding that all the employees should come together to oppose this.

He questioned how banks can flourish when the clerks, who are the face of the banks are sent back home.

“The recruitment to banks must be made through Banking Services Recruitment Board. Off late candidates from MBA and CA background are entering the banking sector. These candidates bid adieu to the banking job within a year. This is having an adverse impact on the banking sector. There is a need to have strict guidelines for recruitment,” he said demanding uniform pay scale for employees in all the banks.

“Provident Fund amount must be increased, profits of the bank should not be shared only with the administrative board, instead even employees must be given a share, outsourcing of banking services should be stopped, compassion based job should be started are some of the other demands of the Association,” Walter Lasrado said adding that as of now, the Central Government has decided to postpone the implementation of the report till April 30.

He called upon the bankers to wage a united war against the implementation of the report.
Strike on Feb 28

All India Bank Workers’ Association has expressed support to the nation-wide strike against price rise to be held on February 28 by various organisations, said Lasrado adding that during this protest the bankers will urge the Centre not to implement the Khandelwal Report.