The Hindu Business Line : AP RRB staff plan dharna

HYDERABAD: The Andhra Pradesh Regional Rural Bank Employees Association is organising a dharna before the head office of SBI here on Wednesday demanding the latter to honour the verdict of Supreme Court pertaining to allowances.

In a press release here on Tuesday, the Association General Secretary, Mr S. Venkateswar Reddy, said the employees of five RRBs sponsored by SBI in Andhra Pradesh would participate.

According to the RRBs Association, all the sponsored banks in the country except SBI have honoured the verdict of Supreme Court dated January 31, 2001. Consequently, the hospitalisation scheme and other allowances of RRB employees remained un-revised since 1987.

Though the pay scales were revised on par with the sponsor banks, the allowances attached to these scales were not revised suitably for years, thereby causing unrest among the RRB staff, the association said.

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

Stories in this Section
Nabard offers loans for breeding indigenous cattle

Govt upbeat on farm credit targets

Search for the Holy Grail

Rupee sheds 8 paise; g-secs weak

Market participants upbeat on banking stocks

Allahabad Bank Q3 net rises 61 pc — Revival plan for finance arm on track

Pvt bank officers oppose FDI hike

Andhra Bank advances board meet

Syndicate Bank aid for tsunami relief

Allahabad Bank may take over south-based bank

AP RRB staff plan dharna