![]() Financial Daily from THE HINDU group of publications Saturday, Aug 06, 2005 |
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Money & Banking
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Trade & Labour Unions SBI staff union protest Our Bureau
THIRUVANANTHAPURAM: Activists of the State Bank Staff Union (SBSU), Kerala Circle held demonstrations before the local head office on Friday in protest against moves to stop recruitments under the dying-in-harness scheme. This unilateral decision will bring to an age-old practice under which dependents of those dying in office or those contracting major illnesses before attaining the age of 55 are given jobs on compassionate grounds. The unilateral decision by the management will set an objectionable precedent for recruitment in the banking, financial, and even industrial sectors, said Mr K. Raja Kurup, President, SBSU. Those who addressed the activists included Mr Vinayachandran, President, Mr M. Sreenath, General Secretary, SBI Officers Association, and Mr John Joseph, General Secretary, SBSU.
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