The Nainital Bank Staff Association held a protest at the bank’s Head Office on Monday. The Association accused the bank management of ignoring employees’ interests and demanded that their pending demands be resolved immediately. When the management refused to accept their memorandum, the employees staged a sit-in protest outside the bank’s main gate.
The Nainital Bank Limited is a scheduled commercial bank founded in 1922. The bank is a subsidiary of Bank of Baroda which is under the ownership of Ministry of Finance of the Government of India.
For quite a long time, the employees of Nainital Bank have also been demanding merger of Nainital Bank with Bank of Baroda.
The Association alleged that senior and honest employees are being transferred in the name of “workplace requirements.” According to the Association, this has created growing dissatisfaction among the staff.
Association General Secretary Praveen Sah said that earlier meetings with the management had resulted in an agreement that the rules of the Bipartite Settlement (BPS) would be properly followed, keeping in mind the bank’s size and business needs.
He said it was also agreed that employee transfers should be limited within city limits as much as possible. If a transfer within the same city was not possible, then the specific provisions of the BPS should be followed strictly.
The Association accused the management of taking unilateral decisions, which has increased resentment among employees.
The Association’s main pending demands include the posting of Special Assistants, giving permanent designations to Head Cashiers, transfer-related issues of Part-Time Staff (PTS) and vendors, and matters related to direct recruitment and promotions.
The Association warned that if employees’ demands are not resolved soon, unrest could increase within the bank. It appealed to the management to settle all pending issues immediately to maintain peace and harmony in the bank.
