Government’s PSU decision: JK Bank Federation announces protests

Srinagar: All India Jammu and Kashmir Bank Officers Federation on Wednesday announced they will launch an agitation against the Governor’s decision of converting the bank into Public Sector Undertaking (PSU).

Addressing a presser here, the federation president Tasaduq Madni said they will hold a protest at the bank’s corporate headquarters in the capital Srinagar tommorow.

Similarly, on Friday, he said protests will be held outside at zonal headquarters. “After the protests, a call for future couse of action will be taken,” he said adding, if the government remains adamant on its decision they will calculate the equity of the JK government in the bank and will return it.

-Reader Desk

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