United Forum of Bank Unions stages protest against merger in Udupi

Daijiworld Media Network – Udupi (HB)

Udupi, Sep 17: United Forum of Bank Unions, Udupi unit, United Forum of Corporation Bank and employees of different banks staged protest in front of Corporation Bank, zonal office here on Monday, September 16 against the Center’s proposed bank merger policy.

Member of the union Ashok Kotian said, “Though there are lots of obligations, we are serving the people with more commitment and sincerity. Since five to seven years, salary is not hiked for senior bank employees. If we are united, we can do something better.”

Addressing the protesters, Hemanth U Kanth said, “The wage should be revised and there is a need to recruit more employees. The bank employees are facing unnecessary work pressure due to changes in the banking sector. Retired employees are not getting redefined pension.”

Kanth further said, “Union government took a decision of merging 10 public sector banks to create four entities. This is the third phase of merging. The government will not get success by this merger. Many bank branches will be shut down in the name of nationalization. It is centralizing human resources. The government is terminating current employees by offering instigated termination.”

“We can see step motherly feeling in future. Banks are the driving force of Indian economy. NPA is one reason for merging. It is trying to divert the attention of common people towards some other issues. Bank employees’ protest is just the beginning. Corporation bank has 113 years of legacy but now it will be history,” expressed Hemanth.

Rammohan, president of bank employees' Union, other representatives of banks Manoj Kumar, Ramesh, Vamshikrishna, Jayan Malpe, Nagesh Nayak of Corporation bank and others participated in the protest.

Herald D'Souza organized the protest.



Title : United Forum of Bank Unions stages protest against merger in Udupi


You have 2000 characters left.


Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

Security Validation

Enter the characters in the image