Bankers stage stir against banking 'reforms'

[email protected] (CD Network, Photos by Ahmed Anwar)
December 20, 2012

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Mangalore, December 20: South Kanara District Bank Employees' Association organized a stir in the city on Thursday following the protest called for by All India Bank Employees' Association, All India Bank Officers' Association and Bank Employees' Federation of India.

Over 500 employees gathered in front of Canara Bank, Circle Office, Balmatta Road, Mangalore and demonstrated against the anti-employee and anti-people move of the Government and condemned the banking reforms planed by the Indian government in the form of various amendments to the existing Banking Regulation Act.

Com.P.R.Karanth, Joint Secretary of All India Bank Employees' Association, who is also the President of South Kanara District Bank Employees' Association, addressed the gathering highlighting the significance of strike. Com.K.Raghava, Secretary, AIBOA and Com.K.Madhava, Joint Secretary, Karnataka Unit of Bank Employees' Federation, Com.Vincent D'Souza, General Secretary, South Kanara District Bank Employees' Association among others were present.

The protesters said that the amendments made are against the interest of the people of the country while it stands in favour of the corporate giants.

They strongly condemned the government for contemplating for merger of banks, increasing voting rights of the shareholders in the private sector banks from 10 per cent to 26 per cent and from one per cent to 10 per cent in public sector banks.

Changes brought by the amendment to the SARFAESI Act through which the Non-Performing Assets of the Willful Defaulters in the Bank will be converted as Equity of the Willful Defaulters, instead of taking stringent action against the defaulters was also opposed.

They said that the government instead of allowing the banks to confiscate the property of the defaulters, has been now vouching to bring in new system of bailing them out by converting their loans as shares held in Equity by the lending banks.

Across the nation over 5,00,000 employees and officers working in various Nationalised Banks and Private Sector Banks observed one day All India Bank Strike.

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coastaldigest.com news network
May 20,2020

Mangaluru, May 20: In a gut-wrenching tragedy, a Class 10 student who was preparing for the final examinations drowned in Adyapady dam on the outskirts of the city yesterday.

The victim is Mallik, 17, a resident of Mulur village in Gurpur. The tragedy occurred when Mallik along with some others had come to the dam to catch fish.

According to the police, he accidentally slipped into the waters and drowned. His body was recovered later. 

Jurisdictional Bajpe police have registered a case of unnatural death and investigations are underway.

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News Network
March 27,2020

Mangaluru  Mar 27: Thinking that he might have contracted the coronavirus infection, a 55-year-old man has committed suicide in Bantwal taluk of Dakshina Kannada district.

The deceased has been identified as Sadashiva Shetty, a resident of Abbettu under Meramajalu village. He was working in a petrol bunk.

It is learnt that Sadashiva suspected that he might have come in contact with coronavirus infected people while working in the petrol bunk.

He was scared that the same might get transferred to his family members through him. 

He was depressed for past few days. Today, he hanged himself from the ceiling fan of his house, sources said.

A case has been regarded at the Bantwal rural police station and investigations are on.

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News Network
February 16,2020

Mangaluru, Feb 16: Leaving spectators awestruck, Karnataka's Srinivasa Gowda ran 142.5 meters in 13.62 seconds at traditional buffalo race Kambala, following which people started comparing him to former Jamaican Sprinter Usain Bolt.

Gowda, who is from Mudbidri town, accomplished the feat during a Kambala race in a paddy field in Kadri on February 1.

"People are comparing me to Usain Bolt. He is a world champion, I am only running in a slushy paddy field," said Srinivasa Gowda.

People took to social media and drew a parallel between him and Bolt. Twitterati hailed Gowda and his accomplishment on the muddy grounds.

Kambala is an annual buffalo race held in the southwestern state of Karnataka.

Traditionally, it is sponsored by local Tuluva landlords and households in the coastal districts of Dakshina Kannada and Udupi.

"I'll call Karnataka's Srinivasa Gowda for trials by top SAI Coaches. There's lack of knowledge in masses about the standards of Olympics especially in athletics where ultimate human strength & endurance are surpassed. I'll ensure that no talents in India is left out untested," Union Sports and Youth Affairs Minister Kiren Rijiju tweeted on Saturday.

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