Banks to go on Strike in State

Published on: 21 Sep, 2013
Published under: Cochin District News, Ernakulam District News, Kerala Business News

20 September2012
Kochi

Members of the All-Kerala Bank Employees Federation will take part in the September 25 all-India bank strike, the federation has said.

The strike, called by the All-India Bank Employees Association, is to oppose the move for amalgamation of State Bank’s associated banks and the RBI’s plan to give banking licences to non-banking finance companies and corporate houses. The association also seeks autonomy for the associated banks of the State Bank of India.

The Kerala federation in a statement urged the people and the government in Kerala to resist the attempt to merge State Bank of Travancore in the SBI. It pointed out that over the past six decades the SBT had made a big contribution to the Kerala’s development. The SBT had the largest network of branches, made the largest number of loans and had the highest amount of deposits among all other banks.

Source– http://www.thehindubusinessline.com

Found Useful? Do Share: Banks to go on Strike in State:

Leave a Reply

Share Kerala News Online

Kerala Direct News

Check out the latest 2015 news from Kerala State of India. Just Kerala is the dedicated online portal to provide latest and genuine Kerala information. Kerala Live and breaking news, Top Headlines, Top stories, Politics, Movies, Sports news.

Last Updated Kerala News : 28 October, 2021