The central ececutive committee of National Organisation of Bank Workers’ (NOBW), held in Nagpur from October 20 to 21, has decided to hold the golden jubilee conference from February 5 to 6, 2014 in Nagpur. NOBW was formed on February 5, 1965 in Nagpur. The Central Executive Committee opposed the proposals of the RBI Governor that RBI will soon announce certain reform measures in the banking sector that will allow foreign banks to enter India in a big way and would even enable them to take over our Banks and new licenses to corporate houses. “Our public sector banks are the mainstay and backbone of our economy and every effort should be taken to strengthen our Banks rather than hand them over to these foreign Banks,” said Shri Ashwani Rana, general secretary of the NOBW.
