Employees celebrate Bank Nationalization Day

Excelsior Correspondent
JAMMU, July 19: Jammu province bank employees association, affiliated to AIBOA, celebrated the Bank Nationalization Day, here today.
Because of COVID-19 norms, no public rally was organized and the bank employees were advised to run a campaign on Twitter. Today’s common Hashtag was; # BANK BACHAO – DESH BACHAO.
“We happily inform that the entire Banking fraternity of Jammu responded to this call and registered their presence and opinion on Twitter,” said Com Arun Kumar Gupta, General Secretary, Jammu Province Bank Employees Federation.
A small meeting of bank employees leaders and representatives belonging to JPBEF and PNBOA was also held at the Union office of PNB Officer’s Association to mark the occasion.
Greeting bank employees on the occasion, Com Arun Kumar Gupta, General Secretary, JPBEF, described the nationalization of bank on July 19, 1969 as historic, which requires to be appreciated and defended. He asked all the bank employees of J&K to firmly stand united in defense of bank nationalization and against privatization of banks.
The meeting was chaired by Com Tara Singh, President JPBEF and attended by Com Ashwani Pradhan, General Secretary PNB Officers Association, Com Aroor Banu Khajuria, President PNB Officers Association and Com Yogesh Kumar, Treasurer JPBEF, among other comrades.
Com Ashwani Pradhan commended the working of Public Sector Banks in serving public in all aspects of economy. He cautioned, about the sinister designs of the corporate world to get public sector banks privatized. Com Pradhan called upon civil society to oppose all such moves, because they are fraught with danger for national economy and such acts only smell of being pro corporate and anti common people.
Com Aroor Banu reminded the strength public sector banks displayed in 2008, when the entire world’s economy was passing through a slump. It was only the Indian economy which remained healthy and growing, because of public sector banking. Com Banu asked everybody to stand by public sector banking and oppose privatizations.
The meeting opposed all Government moves to privatize the established public sector banks and called upon the champions of civil society, working classes, peasants and youth to come forward in support and saving the institutions of public sector banks.