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Bank staff strike on March 15-16 against privatisation

  •   Thu, Mar 11 2021 06:34:14 PM

Chennai, Mar 11 (IANS): With the conciliation meeting between bank unions and the Central government failing, about 10 lakh bank employees will strike work for two continuous days - March 15 and 16 - protesting against the government decision to privatise public sector banks, the All India Bank Employees' Association (AIBEA) said on Thursday.

According to AIBEA General Secretary C. H.Venkatachalam, the conciliation meeting held between the bank unions and the Union Finance Ministry on March 4, 9 and 10 failed.

The unions said they would reconsider their strike call if the government agrees to reconsider their decision to privatise public sector banks.

As the Finance Ministry representative could not give any such commitment, the conciliation meeting did not yield any positive result, they said.

 
  

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Comment on this article

  • John Tauro, M'lore

    Sat, Mar 13 2021

    Will privatization generate employment? Instead of privatising once nationalized banks, the govt. should encourage establishment of more new private banks. There should be parallel private and public sector banks generating employment. PSUs will automatically come to the mark when they will have to face competition from private players. Further the govt. should have privatized only sick banks like BOB instead of merging with Vijaya Bank.

    DisAgree Agree Reply Report Abuse

  • Pinto, Mangaluru

    Sat, Mar 13 2021

    Hum modi ji ko lane wale hai ache din ane wale hain .. this song is still ringing in my ears...

    DisAgree Agree Reply Report Abuse

  • Balike Bharath, Kudla

    Fri, Mar 12 2021

    Service standard needs to be improved in all organisations, public sector banks being no exception. Public sector banks might be slow in several aspects, but then, safety of one's hard earned money is paramount to the general public. Every one is aware what happened to two of the private sector banks just last year only, one had to be bailed out by a public sector bank and another had to be offered to a foreign bank at a throw away price.The money saved by the public by their sweat and blood was ensured to be safe. Depositors interest is always protected, at times, at the cost of poor share holders whose fingers get burnt as their investment gets zeroised. Public do not notice the failure of private sector banks as their money is not at all lost, thanks to government relying on public sector banks in case of failure of such private sector banks. Year after year, we are witnessing the failure of several private sector banks, co-operative banks etc.

    DisAgree Agree [2] Reply Report Abuse

  • RJS, Mangalore

    Fri, Mar 12 2021

    Now Public Sector Banks are being sold to private sector. It’s not only Banks all that was done from taxpayers money for 75 years is sold by the present not to reduce taxes but to bridge the gap of mismanagement. Very soon we will see all voters on the streets as a result of Ache Din. Petrol, Gas, Consumables, Cost of living, Education, Medical facilities for seniors, Jobs, GST impact on small business , women safety, freedom of speech, standard of living, infrastructure development, Corporate Governance, Institutional Freedom, law and order, judiciary, humanity etc is experiencing Ache Din. We can’t blame Banks and it’s staff May it be public, private, cooperative, societies if the RBI Governor is henpecked dumb appointed to swindle general public. Continue worshiping Gujarati Businessman and keep dreaming for Ache Din!

    DisAgree Agree [1] Reply Report Abuse

  • Save My India, India.

    Fri, Mar 12 2021

    Why nobody is protesting against rising oil prices , cost of living, corruption and unemployment under Modi's Achhe Din?? Jai Hind!!

    DisAgree [1] Agree [5] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Fri, Mar 12 2021

    Naturally, they now have to work more and can not afford to be rude with the customers anymore. Also they would not be entitled for all holidays which they enjoyed so far. One of my friend used to make fun by saying all days marked RED in calendar are holidays for only Bank staff.

    DisAgree [1] Agree [10] Reply Report Abuse

  • Peter, Dubai / Mumbai

    Fri, Mar 12 2021

    Even if petrol is Rs 500/litre and PSU bank staff sit with their legs up and dig their nose, while constantly looking at WhatsApp university bhakthon forwards, my vote is only for 56 inches beard...

    DisAgree [5] Agree [2] Reply Report Abuse

  • C.E.SALDANHA, Kadri

    Fri, Mar 12 2021

    AGAIN STRIKE AFTER HOLIDAYS! FOR WHOSE BENEFIT IS THE STRIKE ?QUALITY OF BANK SERVICE IS AT THE ROCKBOTTOM. CUSTOMERS ' LOSS IS HIGH WHICH THE BANKS ARE NOT WORRIED OF. ENOUGH IS ENOUGH. RISE UP AND BE ACTIVE. SHED YOUR SELFISHNESS.

    DisAgree [2] Agree [6] Reply Report Abuse

  • Sahil, Mangaluru

    Thu, Mar 11 2021

    What will be the benefit to customers after privatisation.?

    DisAgree [6] Agree [12] Reply Report Abuse

  • Psych, Mangalore

    Fri, Mar 12 2021

    More people like vijay mallya will take loan and escape

    DisAgree [4] Agree [6] Reply Report Abuse

  • piad, Mangalore

    Thu, Mar 11 2021

    Bank employees go on strike for whose benefit ? is it for their benefit or customers benefit? Bank customers/Public, have seen and experienced Nationalized bank staff's rude behavior all these years. When the unwilling merger of banks were taken place, all other banks kept quiet. well performing banks pushed into ill-gotten banks, to protect the corporate looters / defaulters. At least now people has to understand that now government is only by the people & not FOR the people nor TO the people.

    DisAgree [2] Agree [20] Reply Report Abuse

  • Evans C Sumitra, Udupi/New York, USA.

    Thu, Mar 11 2021

    Good decision by Bank staff. They are fighting for their rights as in the the past privatisation in the past many and many lost their hard earned investment in many ways. I hope I am right or wrong as I have lost a lot in the past and even now.

    DisAgree [17] Agree [8] Reply Report Abuse

  • udupi citizen, udupi

    Thu, Mar 11 2021

    Congrats for that ... At list u would gave to poor people.. after ur death u will not take ur money with u ... So till ur alive just enjoy ur life and spend some money to poor people aswel .. God will bless u..

    DisAgree Agree [3] Reply Report Abuse

  • Rehan sheikh, Brahmavar

    Thu, Mar 11 2021

    Mugambo(andhabkakt) kushe huwa.

    DisAgree [10] Agree [15] Reply Report Abuse

  • Albert, Mangalore

    Thu, Mar 11 2021

    How about goat-like man Owaisi?

    DisAgree [5] Agree [8] Reply Report Abuse

  • rolf, Dubai

    Fri, Mar 12 2021

    Orginal Cheddi under Blessed name. what can we except from Sarvarkar followers.

    DisAgree [4] Agree [2] Reply Report Abuse

  • Dylan, Mangalore

    Thu, Mar 11 2021

    The bankers only want a extended weekend. Useless staff in the PSU banks always doing nothing in the branch. At times reluctant to update passbooks of account holders. Giving excuses like server is down, printer is not working, connection problem, staff is not there and etc. Account holders should not be taken for a ride with such reasons.

    DisAgree [7] Agree [33] Reply Report Abuse

  • David Pais, Mangalore

    Thu, Mar 11 2021

    becoz of lack of staff, works in da banks r delayed. blame da government 4 their interference in da banks. no recruitment in da banks. unemployment has become highest in da country.

    DisAgree [23] Agree [7] Reply Report Abuse

  • El En Tea, Mangalore

    Thu, Mar 11 2021

    Its really fate of FD holders n investers who have kept for the future life. People were jumping like frongs chanting Modi Modi during the election campaign in 2014 in our twin districts Tum log zyada Bank shaka kholo hum Uss me Khatha kholenge. Abhi khol pol. Subke saath subka vikas.

    DisAgree [6] Agree [17] Reply Report Abuse

  • RJS, Mangalore

    Thu, Mar 11 2021

    All are facing one problem or other Petrol, Gas, GST, Jobs, Mergers, cost of living....continue praising till you all are on streets. Learn your lessons!

    DisAgree [5] Agree [16] Reply Report Abuse

  • David Pais, Mangalore

    Thu, Mar 11 2021

    iron lady nationalized private bank. now idiot's r privatising public sector banks. I outrightly oppose privatisation.

    DisAgree [11] Agree [23] Reply Report Abuse

  • Yogesha.N, Kudla

    Thu, Mar 11 2021

    To all andhbhakths, please continue to support BJP. Then only he/his team can sell the remaining assets which are not noticed yet. That means so soon we can go back to our old golden days (100 + year's back). I believe andhbakths will read this message and starts clicking "Disagree" 🤪

    DisAgree [6] Agree [25] Reply Report Abuse

  • Subhash Chandra, Mangalore

    Thu, Mar 11 2021

    Am still waiting for 15 Lack in my account. earlier i brought 5 kilos of potatoes so that it will turn into gold. so both of em didn't work. any new promises from our leaders ?

    DisAgree [6] Agree [12] Reply Report Abuse

  • Deshbhakt, Mangalore

    Thu, Mar 11 2021

    Subhash Chandra, the more you project 'turning potatoes into gold' as a non-BJP promise, it indirectly hits at you (if you're a supporter) and the remaining andh-bhakts. How ?? Please Google it.

    DisAgree [5] Agree [7] Reply Report Abuse

  • Rajesh Shetty, Udupi

    Fri, Mar 12 2021

    I am also waiting for the 15lakhs as per promise given by our friend, secondly the prices are increasing all the items, defiantly if I am cultivating Potatos and onions , I can atleast by Gold. no doubt on it.

    DisAgree [2] Agree [2] Reply Report Abuse

  • Rita, Germany

    Fri, Mar 12 2021

    Subash Chandra mangalore,why are you waiting for any leaders promises?whatever they promise ,you have to use your own hands and work.They will come only to takeaway your profits.Best is plant some coconut plants now In some years they may give you good harvest and you have your lacs in hands.

    DisAgree Agree [3] Reply Report Abuse

  • Deshbhakt, Mangalore

    Thu, Mar 11 2021

    When it came to charging the account holders, well, 'Dabaake' charge it. SMS charges, below balance charges, exceeding ATM withdrawal charges - 'what can the bank do ? It's government rule'. Why isn't it 'Government Rule' now ???

    DisAgree [2] Agree [13] Reply Report Abuse

  • AM, Mangalore

    Thu, Mar 11 2021

    A day will come when 99% of population is on streets and do protests for their survival and our supreme leader will beat the flute in desert. What an irony, this Govt does not how to negotiate and solve the probem, instead they became deaf and dumb

    DisAgree [5] Agree [23] Reply Report Abuse

  • Rehna, Mangalore

    Thu, Mar 11 2021

    Yaru Beku Modi Beku. Now you deserve .

    DisAgree [7] Agree [32] Reply Report Abuse

  • SJM, Mangalore

    Thu, Mar 11 2021

    Now only some people can understand why did they voted Modi. So many Acche din's are coming wait and see

    DisAgree [4] Agree [26] Reply Report Abuse

  • Deshbhakt, Mangalore

    Thu, Mar 11 2021

    When banks in Karnataka got merged with BOB, these people were dumb. When DK's pride, three banks became one, again these people had no voice. Now when the slurry has reached to their bottom, the cats have started mewing. Are ex-Vijaya Bank too part of the protestors ? Did you guys give-in to public outcry 'not to change Light House Hill Road name' ? What ? You expect the public's support now?

    DisAgree [2] Agree [34] Reply Report Abuse

  • Deshbhakt, Mangalore

    Thu, Mar 11 2021

    Why are you protesting now bankers ? Keep voting for Modi. One day you'll find yourself sitting at home and rolling rudraksha maala.

    DisAgree [3] Agree [46] Reply Report Abuse


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