The Hindu Business Line : Problems of banking industry

THIRUVANANTHAPURAM: A meeting of the State committee of the National Confederation of Bank Employees (NCBE) held here on Wednesday discussed various problems dogging the banking industry.

Mr John Joseph, who presided over the meeting, observed that moves to amend the Banking Regulation and Reserve Bank of India Acts are against the interests of both employees and the common man. The proposed Bills, since referred to a Standing Committee of Parliament, provide a ruse for banks to divert their focus from mass banking to class banking. The United Forum of Bank Unions (UFBU) is chalking out an agitation programme to protest these moves.

The meeting elected Mr K. Raja Kurup as the General Secretary of the State Committee in place of Mr Komal Das who demitted office. Mr Kurup is also President of the State Banks Staff Union, Kerala Circle.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Rupee fall persists; bond prices up

Infosys, B-Source tie up to service European banks

Plan to hike two-wheeler third party insurance premiums shelved

Panel to overhaul group health insurance sector

I-Sec gets nod for Singapore venture

Syndicate Bank to enter BPO space

Allahabad Bank gets 6 new directors

Floating rate bonds

Lakshmi Vilas Bank hopes to cut NPAs by half

SIDBI ties up with UCO Bank

Treasury bill auctions fully subscribed

Bank of Punjab, Centurion merger ratio fixed at 4:9 — New entity to be called Centurion Bank of Punjab

Problems of banking industry

Banks in Dakshina Kannada register 20.5 pc rise in biz