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Bank to experience radical changes soon: Murthy

By Staff Reporter
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GUWAHATI, June 11 - The 29th annual general meeting of State Bank of India Officers� Association (North Eastern Circle) was held today at the Guwahati Medical College auditorium here, with circle association president Dilip Kr Roychoudhury in the chair.

The programme began with a solidarity march from the Bhangagarh office of the association to the meeting venue.

The chief guest of the programme was PVSLN Murthy, Chief General Manager of SBI North Eastern Circle. Among other leaders and dignitaries who participated in the meeting were Y Sudarshan, general secretary of the All India State Bank of India Officers� Federation (AISBOF) and DT Franco Rajendra Dev, general secretary of the All India Bank Officers� Confederation (AIBOC).

Murthy, in his deliberation, appreciated the association for embracing technology in its day-to-day activities. He was all praise for the circle association�s initiative of crafting an android App and an exclusive website for benefit of the members. He also told the gathering that the SBI has been very active with the digitisation of the banking system and very soon the bank is going to experience some radical changes.

Sudarshan raised various issues which the bank has been facing. He talked about serious issues like CDS, BCG implementation in bank, outsourcing of core banking activities, inadequate manpower with virtually no recruitment, etc. He spoke about the importance of unity and requested the members to stay united and alert as the days ahead are not going to be so easy.

Franco Rajendra Dev raised the issue of rising NPAs in public sector banks in general and State Bank of India in particular. He attributed the menace to the wilful default by the corporate.

He talked about the unplanned demonetisation by the government at the Centre and its effects on the banking industry. He also deliberated on the government�s proposal for �Turn Around Plan� for the ten public sector weak banks and highlighted the reaction of the AIBOC to that, which forced the government to change its plan.

Dev said the government and the RBI are leaving no stone unturned in their attempt to merge and privatise the public sector banks on the pretext of non-performance and high NPAs. He insisted that the rising NPAs of the public sector banks are the outcome of the government�s pro-corporate and anti-public sector banks� policies.

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Bank to experience radical changes soon: Murthy

GUWAHATI, June 11 - The 29th annual general meeting of State Bank of India Officers� Association (North Eastern Circle) was held today at the Guwahati Medical College auditorium here, with circle association president Dilip Kr Roychoudhury in the chair.

The programme began with a solidarity march from the Bhangagarh office of the association to the meeting venue.

The chief guest of the programme was PVSLN Murthy, Chief General Manager of SBI North Eastern Circle. Among other leaders and dignitaries who participated in the meeting were Y Sudarshan, general secretary of the All India State Bank of India Officers� Federation (AISBOF) and DT Franco Rajendra Dev, general secretary of the All India Bank Officers� Confederation (AIBOC).

Murthy, in his deliberation, appreciated the association for embracing technology in its day-to-day activities. He was all praise for the circle association�s initiative of crafting an android App and an exclusive website for benefit of the members. He also told the gathering that the SBI has been very active with the digitisation of the banking system and very soon the bank is going to experience some radical changes.

Sudarshan raised various issues which the bank has been facing. He talked about serious issues like CDS, BCG implementation in bank, outsourcing of core banking activities, inadequate manpower with virtually no recruitment, etc. He spoke about the importance of unity and requested the members to stay united and alert as the days ahead are not going to be so easy.

Franco Rajendra Dev raised the issue of rising NPAs in public sector banks in general and State Bank of India in particular. He attributed the menace to the wilful default by the corporate.

He talked about the unplanned demonetisation by the government at the Centre and its effects on the banking industry. He also deliberated on the government�s proposal for �Turn Around Plan� for the ten public sector weak banks and highlighted the reaction of the AIBOC to that, which forced the government to change its plan.

Dev said the government and the RBI are leaving no stone unturned in their attempt to merge and privatise the public sector banks on the pretext of non-performance and high NPAs. He insisted that the rising NPAs of the public sector banks are the outcome of the government�s pro-corporate and anti-public sector banks� policies.