Friday, July 19, 2013

SBI associate's unions against merger; vows to intensify their protest

As the question of merging associate banks with State Bank of India (SBI) gets contentious by the day, employees of the five associate banks are stepping up their opposition to the move.

While the last meeting of non-supervisory staff under the banner of the State Sector Bank Employees Union (SSBEA) was held on Saturday last in Bangalore, the next one will be held in Thiruvananthapuram outside SBT on July 20, according to SSBEA General Secretary N Venugopal.

The SSBEA represents employees of State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Patiala (SBP), State Bank of Hyderabad (SBH) and State Bank of Bikaner and Jaipur (SBBJ).

In fact, officers of the five banks under the umbrella of the Associate Bank Officers' Association (ABOA) have their reservations on the issue. General Secretary of ABOA (SBH unit) Harshavardhan Madabhushi said, “When a big bank takes over a small bank, there are natural concerns of step-motherly treatment being meted out to the merged entity's employees.” He reiterated fears of bank employee unions that there will be rationalisation of branches post-merger, possibly leading to job losses.

Click HERE  for the complete article.

No comments:

Post a Comment