Bengaluru, May 24: The United Forum Of Banks Union has called for all India bank strike on  May 30 and 31 demanding revision of salaries of bank officials and employees.

Speaking to reporters at the Press Club here on Thursday, union leader Srinivas said that despite several rounds of discussions with the United Front of Banks Union, the Indian Bank Association has failed to revise the salaries. Protesting this lethargic attitude, the Union has called for the all India strike. More than 70 per cent profit of the banks in the last ten years has gone for compensating the Non Performing Assets (NPA). Neither the bank officials nor the employees are responsible for such a development. So, it is not fair to deny the revision of the pay scale, he said.

In the last five years, the banking transaction has increased many folds. But when compared to the percentage in total expenditure, the employees’ salary has come down from 13.72 per cent to 10.81 per cent. In spite of the high inflation, the government has been cutting the salaries of bank officials and employees which is not fair. Against this stand, the union has called for two day bank strike, he said.



Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.



Chikkaballapur: The bandh called for Sunday by organizations demanding the authorities to undertake third round of purification of water under the HN Valley Project received moderate response from the locals.

Members of the Permanent Irrigation Struggle Committee, pro-Kannada organizations and various farmers’ organizations complained that the state government has taken no decision on the issue related to the project related to the supply of water from the Hebbal-Nagawara lakes of Bengaluru to the lakes in Chikkaballapur.

Shop owners stayed their business keeping their stores closed for the day in support of the bandh. Traffic movement went on as normal. Police security was beefed up for the day to prevent any untoward incident amid the protest.

The members of Jeevajala Jagruti Vedike led a procession in town and shouted slogans demanding purification of water under the project.

BJP leader Sandeep Reddy, who spoke on the occasion, criticized the state government for taking no initiative to provide pure water and demanded the start of purification of water immediately.