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Mangaluru: Nationwide bank strike - Employees' protest enters second day

  •   Tue, Mar 16 2021 12:16:52 PM

Pics: Spoorthi Ullal

Daijiworld Media Network – Mangaluru (DV)

Mangaluru, Mar 16: Several people in the city suffered as banking operations across the country came to halt as the United Forum of Bank Unions (UFBU) has called a nationwide two-day strike to protest against the proposed privatisation of two state-owned lenders. The strike entered second day on Tuesday March 16.

On Monday, people faced inconvenience duty lack of cash in the ATM kiosks in several places in the city.

On Tuesday morning, several bank employees gathered in front of Canara Bank at Balmatta and raised slogans against the proposed privatisation of two state-owned lenders.

As the bank strike began after two consecutive holidays on second Saturday and Sunday, thousands of customers and businesses faced hardship on Monday. The same is excepted to continue on Tuesday too.

 

 

 

 

 
  

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Comment on this article

  • Ganesh Shetty, Mangalore

    Thu, Mar 18 2021

    Going by the synergies of scale. merger of Banks was a good move. unnecessary too many top management exist with huge salaries and perks. This also does away with unviable branches too. needless to say that huge professional costs on micro audits and branch audits costs affects the bottom-line. If strong controls of money laundering are in place, the Risk of NPA are considerably reduced. in most of the cases, the borrowers under invoice to their related entities transfer profits to such entities. while the entity that has borrowed becomes bankrupt, the money is transferred indirectly to related entities. Lot of frauds are committed in LCs, bill discounting and other short term business Loans.

    DisAgree Agree Reply Report Abuse

  • praveen t, mangalore

    Wed, Mar 17 2021

    Right or wrong is always a perspective and perspectives change accordingly .here the real crises was the banks was sitting on NPA'S and not declaring it to safeguard their stock market reputation. The last nail in the coffin was insolvency and bankruptcy code 2016 which made the banks come out in open and then the rot was discovered .many banks were unable to continue on is own hence the decision to merge to get working capital etc.we need to accept that these changes are for the good ,yes many strong business men have looted the banks but thats the game syndicate bank gave Rs 8 lakh loan to Mr dhirubhai ambani and you can see were he landed today.being optimistic indian banking system created by stalwarts will sustain.

    DisAgree Agree Reply Report Abuse

  • Sense_Shetty, Mangalore

    Tue, Mar 16 2021

    These Strikes are redundant ..The systems are online ..there is no service disruption whatsoever ..The only time we physically need to visit any bank is for address change or phone number change or KYC .. These old staff should be given early retirement ..Please go on a holiday .. Stop sitting in your office and talking about "erena mage bombaida ? aye dhadhe bele manpunu ? or Erena Magal USA da?" India lost 20 Years of growth due to Congress and its chamcha's

    DisAgree [9] Agree [2] Reply Report Abuse

  • David Pais, Mangalore

    Tue, Mar 16 2021

    Congress made profit from da banks & da rbi had excess money. dis excess money was utilised by chaiwala 2 set right ruined economy through demonetization by da chaiwala. no previous govt's have collected money from rbi to set right economy.

    DisAgree [1] Agree [6] Reply Report Abuse

  • Alphonse Rodrigues, Udupi

    Tue, Mar 16 2021

    Kindly preserve my Mother India without selling to Ambani & Adani I Love my Mother India.

    DisAgree [2] Agree [9] Reply Report Abuse

  • Sahil, Mangaluru

    Tue, Mar 16 2021

    Anna datha of nation's can't after all paid employees? Bank strengths high NPA Expecting infusion from center top board members or controlled one. Employees innocent........... One top board members from any PSU bank participated in strike? White colored

    DisAgree Agree [2] Reply Report Abuse

  • Hegde, Bangalore

    Tue, Mar 16 2021

    Banks are sitting on huge properties which can be first sold at a good price and make balance sheets healthy - Vast offices/Chairman bungalows /Training centres etc avaialble - Un viable branches etc etc - list available- Otherwise this will go to well connected Cronies / Capitalists friends and ensure further Loot - They will first sell these and get back their investments in 6 months - These are well known - Also NPA 's - wilful defaulters - Companies having loan accounts above Rs 500 crores are half the Total of bad loans - Another sizeable percentage is above 100 crores - These Companies /Individuals etc have taken max Depositors money and enjoying - In India or outside INDIA - (Parliament and RBI fig 's availalble- for loans availed and NPA 's of high value) We will reach Twelve lakh crores to Fourteen lakhs cr of NPA's by MArch end 2021 which is about 15 % of Bank deposits- ALL HAS TO BE WRITTEN OFF - SO NOTHING CHANGES - UPA OR NDA - FRIENDS IN BOTH -

    DisAgree Agree [3] Reply Report Abuse

  • KS Mayya, Mangalore/Bangalore

    Tue, Mar 16 2021

    I for one do not have soft corner for PSU banks. The employees there serve from the 5-star lounge. They provide service to the likes of Mallya (tip of the iceberg) without much paper work and make tax payers pay for pulling the NPA ridden banks out of their self inflicted losses. The staff in general are arrogant and extremely immobilized to their chairs and attitude is not worth the 21st century services desirable from the Banks. If you and me go to the bank for loan, they will insist that we put everything on the table as collateral and will strip you bare if you failed to pay back. It is the only business which earns premium profits and takes zero losses on its own. Loss is either passed on to the customers or to the Government of the day. GOI already has post offices in rural areas which also provides banking service of equal quality as PSU bank. There is no need for mismanaged PSU banks to stay afloat because they have branches in rural areas. Instead GOI can upgrade the postal banking. Private banks although give good service are much more efficient and largely managed well except in the case of Chanda Kochar when loan is disbursed to the husband for money laundering. I last visited the bank was 2 years ago and do all my transactions online. Strict oversight by RBI can help and manage the private banks. Other advanced countries are doing well with that kind of an arrangement.

    DisAgree Agree [2] Reply Report Abuse

  • SJM, Mangalore

    Tue, Mar 16 2021

    Ayyo. all 100% Modi Bakths !!! What's going on

    DisAgree [2] Agree [7] Reply Report Abuse

  • David Pais, Mangalore

    Tue, Mar 16 2021

    Otraasi unqualified ನೀರುಳ್ಳಿ Saithanraman may privitise to pacify RSS & Chaiwala, Bankers have regretted very lately voting to Chaiwala.

    DisAgree [5] Agree [13] Reply Report Abuse

  • Jalajakka, Udupi

    Tue, Mar 16 2021

    @ Anush, Mangalore. You mean to say, Private banks were Nationalized in the year 1969 and 1980. Private banks will be Anti - Nationalized in the year 2021....................... Just for Curiosity.....................!!!!!!!!!!!!!!!!!!!!

    DisAgree [2] Agree [2] Reply Report Abuse

  • Clifford, Mangalore

    Tue, Mar 16 2021

    Same guys will vote BJP in the next election. BJP wants to siphon off money from these banks as there is no reserve left in nationalised banks.

    DisAgree Agree [19] Reply Report Abuse

  • Jalajakka, Udupi

    Tue, Mar 16 2021

    The real bankers are there in the bank, working hard . I wonder who's these people out for strike....................? Just for curiosity....................

    DisAgree [20] Agree [2] Reply Report Abuse

  • Anush, Mangalore

    Tue, Mar 16 2021

    I'll answer your curiosity. These are the bankers who are worried about the grave tomorrows the public would have to face if in case banks are privatised. Privatisation leads to closure of rural branches, lesser education loans, increase in min balance criteria, higher service charges which a common man would find difficult. There was a reason why private banks were nationalized in the year 1969 and 1980. It was done for the upliftment of a common man. Going back to pre 1969 times by privatising is a foolish move by the present government which has become a puppet in the hands of few cronies.

    DisAgree [1] Agree [16] Reply Report Abuse

  • Chandu, Karla

    Tue, Mar 16 2021

    Anush, Mangalore If one has to go with your logical explanation then why the government is not formulating policies for governance of private banks for an inclusive banking services in rural as well as urban areas with reasonable service charges. In one hand the banks are looting the common citizens then helping the rich to get away with thousands of crores loans unpaid. Then where is the justification. These striking bankers are the lousy ones who don't want to work hard and held accountable for their failures and misdeeds.

    DisAgree Agree [3] Reply Report Abuse

  • Francis, Shirva/UK

    Tue, Mar 16 2021

    Where are BJP supporters, they forgot to call this people anti Indians, mavoiest, kalisthnis, terrorist and more. And also forgot to chant their mantras

    DisAgree [3] Agree [21] Reply Report Abuse

  • Kudla Stories, Kudla

    Tue, Mar 16 2021

    Pity them, although there are so many who voted for acche din.

    DisAgree Agree [22] Reply Report Abuse

  • Francis, Shirva/UK

    Tue, Mar 16 2021

    Keep voting for BJP, Hope bakhas will start to enjoying acche din very soon.

    DisAgree [1] Agree [19] Reply Report Abuse

  • Ajay, Mangalore

    Tue, Mar 16 2021

    The BJP led central government hasn't cared for farmers protesting for over 100 days... What are bankers trying to achieve protesting for 2 days. Should've thought before before electing disastrous government. Now keep protesting. Time, energy and money waste!!

    DisAgree [2] Agree [24] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Tue, Mar 16 2021

    Now people have realized the worth of Narendra Modi ...

    DisAgree [2] Agree [19] Reply Report Abuse

  • Francis, Shirva/UK

    Tue, Mar 16 2021

    Absolutely, but it is very late

    DisAgree [1] Agree [6] Reply Report Abuse

  • Ozy, Surathkal

    Tue, Mar 16 2021

    These are the people who voted har har Modi. Now three banks from Udupi gone to dogs and merged with gujju banks to develop Gujarat.

    DisAgree [1] Agree [29] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai

    Tue, Mar 16 2021

    Their plan is to shift the financial capital from Mumbai to Gujarat!

    DisAgree Agree [19] Reply Report Abuse

  • Ashwin, Mangalore

    Tue, Mar 16 2021

    Many are UNMASKED now. Anyways i am banked with a Private bank also, who are courteous and helpful, banked a big amount today, LOSS for a PSU Bank, but maybe they dont care about me or servicing me. They should rename the Bank, the Employees and Branches as "Out of Service" Bank/Employees/Branch, it will be apt. There are a few good ones who also get bad name for the disservice of many.

    DisAgree [1] Agree [9] Reply Report Abuse

  • Milton, Mangalore

    Tue, Mar 16 2021

    You are misunderstood my friend. Private banks are not courteous and helpful towards you but instead towards your deposits. If they are courteous and helpful towards people why don't they open branches in villages. Also it's never a loss for PSBs, its always a loss for the public itself if you are depositing your money in a Pvt bank instead of a PSB. Lakhs of engineers and doctors today are because of Education loans provided by PSBs. Only providing good customer service to few class people shouldn't be appreciated, instead working for the collective growth of the masses which in turn develops a country should be encouraged.

    DisAgree Agree [10] Reply Report Abuse

  • Chandu, Karla

    Tue, Mar 16 2021

    As long as we public tax payers accept anything offered by our elected as well selected public servants these kind of protests and strikes will keep continuing for ever. Nothing is going to change and no body cares. After all kis ka baap ka kya jaatha hai...... everyone wants everything for free. That's why even after 72 years of independence we are still not able to feed, clothe and shelter our population.

    DisAgree [1] Agree [7] Reply Report Abuse

  • Maria Siqueira, Shirva - Udupi

    Tue, Mar 16 2021

    Fear of shifting from lethargy to competition! It should have been taken up as a challenge, instead!

    DisAgree [9] Agree [7] Reply Report Abuse

  • Dylan, Mangalore

    Tue, Mar 16 2021

    If there is any complain in the bank the manager is busy or gone on visit. Here they have time to protest. Improve your service/ work in the bank, than giving excuses to customers when they visit your bank/ branch. Most of the protesting bankers voted for the present Government and now protesting against them.

    DisAgree [2] Agree [24] Reply Report Abuse

  • Anush, Mangalore

    Tue, Mar 16 2021

    You should understand that the bank staff who are on strike sacrifice their 2 days salary, only to safeguard public's money. Service can be improved if necessary steps are taken from the customer's side too against erring employees. Leaving the branch in a angry state and not taking further actions will not improve the service. Every branch will have contact of the branch controllers whom you can contact in case of any issue related to the branch. But today's generation wants everything around them to be perfect without their effort.

    DisAgree [2] Agree [1] Reply Report Abuse

  • David Pais, Mangalore

    Tue, Mar 16 2021

    after write off npa's, privatization of banks 2 make profits 2 adani, & ambani ( now itself indirectly collecting bjp's election funds) . later collecting taxes from citizens 2 fill up written off npa's. bank people have voted 2 chaiwala, & now protesting against chaiwala's policies.

    DisAgree [5] Agree [22] Reply Report Abuse

  • E B Soans, Mangalore

    Tue, Mar 16 2021

    Disgraceful. These lazy bankers fear loss of their jobs as privatisation of banks will lead to performance based employment. These lazy bank employees have enough time to protest by they have zero patience with customers. Again by this protest they are disturbing customers

    DisAgree [9] Agree [20] Reply Report Abuse

  • Anush, Mangalore

    Tue, Mar 16 2021

    Customers might be disturbed for couple of days because of the strike, but you should realise how massively it would affect a common person if banks are privatised. Rural branches would be closed and hence no easy access to banking for the majority as most of the people in India live in rural areas. You should understand that the private banks adhere only to the class people and not the masses. How many private banks have opened branches in villages? Privatisation will only widen the gap between poor and the rich which is not good for the overall growth of the country.

    DisAgree [3] Agree [11] Reply Report Abuse

  • nitiin, bidar

    Tue, Mar 16 2021

    Modi: What did congress do in 70 years? People: We don’t want to say, else you will sell that too

    DisAgree [1] Agree [33] Reply Report Abuse

  • Sachidanand Shetty, Mundkur/Dubai

    Tue, Mar 16 2021

    Some time we as Indians have strange behavior.... Pharmacy Companies goes on strike when medicine prices are increase, Business Men goes on strike against GST Implementation and now Bankers goes on strike against Privatisation !!! In fact common public should go on strike, because we are paying for medicines, we pay GST and we lose our deposit money when Banks goes on huge NPA Are these people losing their job? expecting salary deduction? or forced to work more hours than usual? Then why they against Privatisation??? People struggle to get job.... but once they get job..... these all drama continue Really "Hamaara Desh Mahaan"

    DisAgree [13] Agree [9] Reply Report Abuse

  • PINTO, Mangalore

    Tue, Mar 16 2021

    Seven years back the same people were chanting 'Har Hat Modi..'

    DisAgree [2] Agree [48] Reply Report Abuse

  • abu mohammed, KSA Mangalore

    Tue, Mar 16 2021

    Not 7 years back! they are chanting the same now as well. a particular sections of these bank employees were convinced saying , the privatization being done to get rid of reservations in bank jobs so that only so called upper caste sections will be there in future.

    DisAgree [1] Agree [18] Reply Report Abuse


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