The Bank of India Officers’ Association, Jharkhand state unit, held its annual general meeting on Saturday in the State Capital in which were 1550 bank officials attended.

Addressing the gathering on the occasion as welcome speech General Secretary, Bank of India Officers Association, Jharkhand State Unit Sunil Lakra called it a memorable day and also said that this ‘Annual General Meeting’ organized on Saturday is a year-long Mahaparva of bankers, in which the works for the year are reviewed as well as presented for the following year.

He also held the current Central Government of India responsible for the prevailing conditions of nationalized banks and also presented an example of the indefinite strike of the employees of ‘Marudhar Gramin Bank’ of Rajasthan that has been going on for the last 8 days.

 Lakra said that the position of PMC Bank as on date is a product of Government’s policies. People have been forced to wait too long for withdrawing their hard earned money deposited in the banks, he added.

 Speaking on the occasion President, Bank of India Officers Association, Jharkhand State Unit, Rajkumar Srivastava, condemned the current Central Government and Indian Banking Association for delaying the increment which should have taken place from November 2017. Sinha demanded that on the one hand the Government is issuing licenses to small and new banks and on the other hand in the name of weak banks it is merging with other nationalised banks.

 Chairman, AIBOC, Jharkhand State Ravindra Kumar Sinha opposed the privatization of banks, terming it as arbitrary action of the Government.

This will restrict the economy of the country to the capitalist and industrialist houses and most of the poor people of the country will not be able to benefit from it, he added.