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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News Network
April 23,2024

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Mangaluru, Apr 23: As an outbreak of avian flu has been reported in some districts of neighbouring Kerala, the border areas of Karnataka, including Mangaluru, have been put on high alert, officials of the Karnataka Animal Husbandry department said.

At present, the situation in Kerala is being monitored before any action can be taken, they said.

“Our Kerala counterparts have assured us that the avian flu has been contained within Alappuzha district. However, loading, booking and carrying poultry and poultry products on trains and at railway stations are still under consideration (surveillance), the officials said.

Not only railways but also road transport ferrying chicken loads from Kerala to Mangaluru are under surveillance. Mangaluru, being one of the largest consumers of chicken from Kerala, has halted chicken procurement from Kerala-based suppliers.

Sudhakar Shetty, a market functionary, stated, “The animal husbandry department of Kerala has advised containment of avian flu within a few districts in Kerala. We are closely monitoring the situation.” Despite this, the market has not experienced significant fluctuations in supply yet, as local stocks have been adequate to meet the demand for the next few days.

Demand for chicken could fall for a few days due to a series of temple festivals in coastal areas, where many consumers refrain from consuming meat-based meals until Saturday. Nevertheless, Sunday could witness a change, as consumers may desire hot chicken curry for their Sunday meals, according to the local people.

As officials in the animal husbandry department in Dakshina Kannada have raised awareness in the market about avian flu in the neighbouring state, the question arises whether prices will fall if demand decreases.

“We do not want to contribute to the hysteria surrounding avian flu until our local stock falls below the level of demand,” said Aston D’Souza, a farm owner.

Dakshina Kannada also serves as a good market for suppliers from Shivamogga, Hassan, and Chikkamagaluru.

“In case supplies dwindle due to an unlikely prolonged shutdown of Kerala supplies, we can always purchase from those districts, albeit at a slightly higher cost than Kerala stock,” Shetty said.

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News Network
May 5,2024

Karwar, May 5: What commenced as a mere exchange of words between spouses swiftly transmuted into a calamitous ordeal, resulting in the heartbreaking loss of their innocent offspring. The heart-wrenching incident unfolded in the serene confines of Halamaddy village in the picturesque expanse of Dandeli, nestled within the idyllic expanse of Uttara Kannada district.

In the throes of a fervent dispute with her spouse, the aggrieved wife, succumbing to an overwhelming surge of emotions, callously propelled their tender six-year-old progeny into the somber depths of a nearby canal, thereafter alerting the local populace to her grievous act.

Promptly apprised of the distressing occurrence by concerned bystanders, the authorities were swiftly summoned to the scene to confront the harrowing aftermath.

Responding to the distress call, the diligent officers of Dandeli rural police swiftly converged upon the site where the innocent child had been cast into the unforgiving waters of the canal, subsequently effecting the retrieval of the child's lifeless form. 

Regrettably, it was discerned that a portion of the child's remains had been tragically claimed by the lurking jaws of a predatory crocodile.

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News Network
May 1,2024

Hassan MP and Lok Sabha election candidate of the BJP-JD(S) alliance Prajwal Revanna, who is facing an inquiry over the alleged sexual abuse of several women, said the truth will prevail.

The MP, who left the country as soon as the election to his constituency ended, has also sought seven days' time to appear before the Special Investigation Team (SIT) formed by the Karnataka government to inquire into the huge cache of about 3,000 explicit videos and photos allegedly pertaining to him, which have gone viral on social media.

“As I am not in Bangalore to attend the enquiry, I have communicated to CID Bangalore through my advocate. Truth will prevail soon,” Prajwal, grandson of former prime minister and JD(S) patriarch H D Deve Gowda, said in a post on X.

A case has been registered against MLA and former minister H D Revanna and his son Prajwal at Holenarasipura on a complaint lodged by their former cook and relative for allegedly sexually harassing her.

She also alleged that Prajwal made video calls to her daughter and spoke in an objectionable manner, which forced her to block him.

The MP who is seeking re-election from Hassan on a JD(S) ticket, shared a letter by his lawyer Arun G to the Deputy Superintendent of Police of the SIT, in which he has sought seven days' time to appear before the official because he is abroad.

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