Financial Daily from THE HINDU group of publications
Wednesday, Aug 25, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Money & Banking - Trade & Labour Unions


Bank strike in Kerala total; unions claim success

Our Bureau

Kochi , Aug. 24

THE strike by bank employees and officers called by the United Forum of Bank Unions on Tuesday, demanding implementation of wage reforms was total in the State, according to Mr V.K. Prasad, State Convenor of UFBU.

He said in a release that the unions have resorted to agitation because of the stalemate in finalising the wage settlement, which expired in October 2002.

A release from All Kerala Bank Employees Federation said that the functioning of more than 3,500 branches, clearing houses, foreign exchange, departments and administrative offices came to a standstill on account of the token strike.

Mr V.J. Johny, General Secretary of the Federation, said the bank unions would meet tomorrow to chalk out further programmes opposing unfettered technology, outsourcing and illegal transfers.

The striking employees and officers took out processions and held protest meetings before the bank branches. In Kochi, the meeting was conducted in front of SBT, MG Road branch.

Union sources claimed the strike also affected the regional office of the RBI in Thiruvananthapuram.

However, the new generation banks such as ICICI, HDFC, UTI and IDBI worked as usual.

More Stories on : Trade & Labour Unions | Kerala

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



Stories in this Section
Rupee in tight range; gilts up


TUs seek merger of PSU general insurers
IDBI meet for Kerala agents
UTI offsite ATM at Tiruchi
APSFC, APIDC not to be closed
A missed chance RBI could rue
StanChart launches global lifestyle credit card
Strike cripples banking operations
Protest is total success, claims bank union
Bank strike in Kerala total; unions claim success
Bank strike `total' in AP
Banking operations paralysed in Dakshin Kannada
Will farm loan delivery match the decibel level?



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line