Excelsior Correspondent
SRINAGAR, Sept 12: The executive committee meeting of Jammu Kashmir Bank Officers Association was held here today under the chairmanship of Riyaz Ahmed Bhat, president JKBOA.
The members deliberated upon the various issues covering various aspects like onslaught of neo liberal policies of present ruling political class on working class, especially Bank staff, problems faced by the Banking industry due to reducing interest margins and increasing NPAs and the prevailing position of the JK Bank which has accumulated bad debts to the tune of around Rs 3000 crores.
The meet also passed some resolutions, including; support to future programme of Central trade unions, appeal to the Management of the Bank to initiate stringent measures for institutionalized recovery mechanism of the NPAs and consider the revisiting of holding of interviews for career progression, keeping in view PM’s observation made on Aug 15, 2015 from ramparts of Red Fort, and revert to process of ascertaining suitability on the basis of seniority cum absence of demerit.
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