Bankers address protesters in Jalandhar on Tuesday. Tribune photo
Tribune News Service
Jalandhar, October 22
On a call given by the All India Bank Employees Association and Bank Employees’ Federation of India, bank employees observed a strike here on Tuesday.
They are protesting the merger of banks. Besides, bankers are up in arms about disinvestment. They have been demanding banking reforms, recovery of bad loans and stringent laws against defaulters.
The bank employees held a rally in front of Punjab and Sind Bank in Lajpat Nagar here.
Addressing a gathering, Amrit Lal, secretary, Punjab Bank Employees’ Federation, Jalandhar unit, said the decision to merge banks was neither in the interest of bankers nor the general public.
“It will result in the closure of branches. Besides, employees will be transferred and it will add to non-performing assets,” he added.
Most Read In 24 Hours
Don't Miss
View All
Top News
63% voting in 2nd phase, highest 79.46% in Tripura
Jammu sees 71.91% turnout | Lowest 54.85% in UP
SC’s thumbs up to EVMs, junks PILs seeking return of paper ballot system
Rejects demand for verifying 100% votes with VVPAT slips
2 ultras killed in Sopore gunfight
Two soldiers, civilian hurt
