BANGALORE: The Public Sector Bank employees participated in a nationwide strike on the proposed banking sector reforms in the city on Friday. All the 9 major unions in the banking sector participated in the strike."We are opposing many reforms suggested by the government," B S Ravindra, state convenor for the United Forum of Bank Union said. Sharing the reasons for the nationwide strike, he said that the major concerns were privatisation of nationalised banks, capitalisation with the help of World Bank loans and increasing voting rights for Foreign Direct Investors. "We are also opposing the new licences to be given to business houses as it would affect the priority sector and customer service", he reasoned. The forum opposed the proposed mergers of associate banks."The strike was a 100 per cent success as all concerned parties took part in it", he said. Ravindra also said that they were demanding the reinstatement of the Banking Service Recruitment Board and also opposed many sections of the Khandelwal Committee recommendations on matters relating to Human Resources. He said that there were over 15,000 employees in the banking sector in Bangalore alone.
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