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Syndicate
Bank staff oppose promotions
Kochi: In a number of cases, the staff of public
sector undertakings have resorted to agitations demanding
wage hike and promotions. The staff of the Manipal-based
Rs 44,000 crore public sector Syndicate Bank are now strongly
opposing the management's decision to promote nearly 3,000
clerks and peons as officers, mostly of them in marketing
and customer relationship segments.
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Bank
staff plan strike on May 21
Hyderabad: Strongly opposing the latest moves of
the Government through Budget proposals to privatise the
public sector banks (PSBs) and allow foreign direct investment
to the tune of 74 per cent into Indian banking system,the
All-India Bank Employees Association (AIBEA) has decided
to go in for a national strike of bank employees belonging
to both public and private sectors.
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Prudential
Bank depositors' plea
Hyderabad: Hundreds of depositors of the scam-tainted
Prudential Bank, one of the city-based urban co-operative
banks, met on Sunday to take stock of developments and
evolve measures to pressure the authorities for early
repayment of their deposits.
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