Excelsior Correspondent
JAMMU, June 7: The central committee meeting of the newly elected body of Jammu Province Bank Employees Federation (JPBEF) was held here at Punjab National Bank’s Bakshi Nagar Branch in Jammu.
This marked the first central committee meeting following the 29th All India Conference of the All Indian Bank Employees Association (AIBEA), which was held in Mumbai from May 13 to 15, 2023.
The meeting, chaired by Federation President Com Tara Singh, was attended by leaders from all nationalized banks.
As per a statement, the main agenda of the meeting included the confirmation of minutes from the 3rd State Conference of Jammu Province Bank Employees Federation, addressing issues raised by some bank unions, discussing organizational matters, and reviewing recent developments in the banking industry.
Secretary of the Federation, Com Harminder Singh, presented the minutes of the 3rd State Conference, while Com Yogesh Kumar, Secretary of JPBEF, read out the resolutions adopted at the 29th AIBEA conference.
Some significant resolutions covered Government economic policies, labor policies, retrograde banking reforms, privatization of banks, the 75th anniversary of the country’s independence, privatization of IDBI Bank, nationalization of private banks, and rising prices, among other issues.
The General Secretary of the Federation, Comrade Arun Kumar Gupta, expressed condolences for the Balasore train accident, which claimed the lives of over 27 people, and requested a two-minute silence to honor the departed souls. He also wished a speedy recovery to all the injured.
Comrade Gupta provided updates on recent developments in the banking industry and urged all bank union leaders to stay informed about various updates.
He emphasized that any Government attempt to privatize PSU banks would be met with swift organizational actions by AIBEA.
“If the Government were to introduce a privatization bill in Parliament, an immediate strike call would be issued,” he threatened.
Comrade Gupta criticized the “unwarranted and unjustified” attacks on public sector banks, deeming them regressive, and called for the strengthening of public sector banks through adequate infusion of capital, human resources, and a strengthened statutory framework to recover stressed assets.
Follow our WhatsApp channel
