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Our Bureau Kochi, Jan. 20

The 4th Triennial General Body meeting of the State Bank of India Officers Association (Kerala Circle) will be here on Saturday and Sunday at Mother Teresa Auditorium, Palarivattom.

The conference will be inaugurated by Dr Sebastian Paul, former Member of Parliament.

The general body will be addressed by Mr B.S. Bhasin, Chief General Manager of SBI, Kerala Circle, and Mr T.N. Goel, President, AISBOF. Mr V.K. Prasad, Secretary, AIBOC, Kerala State, and Mr K. Raja Kurup, General Secretary, State Bank Staff Union, Kerala Circle, will offer felicitations.

The meeting will be presided over by Mr P. Janardhanan, President, SBIOA, Kerala Circle.

The business session of the general body meeting on Sunday will be addressed by Mr G.D. Nadaf, General Secretary, All India State Bank Officers Federation, and the session will deliberate on the General Secretary's report and also issues related to the challenges before Indian bank with more emphasis on banking trade union movement.

Speaking to reporters here on Thursday, Mr M. Sreenath, General Secretary, said that the general council gain-s lot of importance on the back drop of neo-liberalised policies implementing by the authorities many of which are detrimental to the interest of the country's sovereignty and that of the society. The relaxation brought in foreign direct investment will definitely sabotage the Indian banking system, giving more prominence to the foreign banks.

The Government has to desist from the neo liberal policies, he said.

Referring to the performance of SBI Kerala Circle, he said it has a credit deposit ratio of 80.52 per cent with a total deposit of Rs 17,738 crore and total advances of Rs 14,279 crore.

The market share in deposits and advances is 11.73 per cent and 12.91 per cent respectively and that in NRI deposits stands at 15.02 per cent.

There was tremendous expansion of branches in the circle during the period, which also witnessed extension of most sophisticated technological platform to the people such as the latest upgrade of CBS, Internet banking, mobile banking, ATM's and so on. It is pertinent to note that the strength of the officers declined despite fresh appointments and promotions from clerical cadre. This is a clear indication of the dedication of the officers of the Kerala Circle, he said.

Mr P. Janardhanan, President, and Mr Thomas Augustine, Regional Secretary of the association, participated in the press meet.

More Stories on : Public Sector Banks | Events | State Bank of India | Kerala

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