CHENNAI: State Bank of India Officers Association (SBIOA) is setting up an international school which will be first of its kind for the association which already has seven school. It has acquired 26 acres of land at Mambakkam between Vandalur and Kelambakkam in Chennai to build 1,800 flats for its employees and another 10 acres in the same area for building the international school This was disclosed by SBIOA president D Suresh Kumar during the 24th General Body Meeting of SBIOA (Chennai Circle) which was attended by 2,500 employees from the state and Puducherry here on Saturday.Deputy managing director and corporate development officer Arundhati Bhattacharya, who inaugurated the event, said the association’s demand of a five-day week and eight-hour work a day could only materialise if the bank’s business per employee which is `7 crore per person far outstrips Punjab National Bank and Bank of Baroda whose business per employee is `10 crore and `13 crore respectively.“It is difficult to pursue the demand,” she said. Later speaking to Express, deputy general secretary of SBIOA D Thomas Franco said the demands are genuine. “When RBI and all the Central government establishments are having five-day week why should we be left behind. We will pursue our demand,” he said. Interestingly, the profits of that bank have dipped last year to `8,000 crore because of making provisions for bad debts. ‘‘This year the management has projected a target of `10,000 cr wh ich is attainable,” he said.
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