Friday, April 07, 2006

SBI strikes -

Its the 5th day into the strike and there are no signs that the impasse will end soon... The country is almost cripled because of the inactivity of India's largest bank.
The employees of SBI are justified in demanding an upward revision in their pensions which has been stable since '92. They claim that they do not want assurances but firm steps taken.. (valid)
But have they forgotten that most of the state and central government departments have their accounts in SBI? That ordinary customers-mostly salaried government employees have their only accounts in SBI? That pensions and govt-salaries are disbursed through SBI? And That public sector SBI accounts for 18 per cent of the total deposits and advances in the Indian banking sector? (- all invalid)
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"I have not been able to withdraw my pension for this month. The strike has badly affected my household expenditure. I don't know what I will do if the strike continues for long." says a retired public sector employee Dilip Patil and lakhs of others who are sharing the same fate.
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I personally am very much affected by this strike too, dont ask why.... I can only hope that the matter gets resolved very soon.. or Else???

Update - The strike is off since Monday, the staff is working extra-time and extra-hard to reduce the pending matters. I forgive them :) but don't think there are many takers for the forgiving thing....

Comments on "SBI strikes -"

 

Blogger Perestroika said ... (2:44 PM) : 

yaa, u certainly must be in a spot of bother. i too read tht about 20% of the countries savings are in sbi, ie 1/5 of all transactions.

 

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