Housing Development Financial Corporation (HDFC) Bank is an Indian banking and financial services company. HDFC bank is the largest private sector lender in India by assets. HDFC has many branches which operate outside Indian Territory, and the bank employs more than 84,000 employees. It is one of the few banks in India which very cleverly avoided the Non Performing Assets (NPA) crisis. HDFC is also thought of having one of the healthiest banking practices in the country amongst all private and public banks operating in India. It has earned net income to the tune of RS 81,602 crore and has Rs. 8,63,840 crore of total assets in 2017. From winning countless awards for Best Performing Bank in India, to being recognized as the Best Managed Public Company in India on Asia level, HDFC has done it all. This efficiency and smooth functioning got stopped in a place where business not is allowed to run smoothly. Kerala has managed to shock the nation in the past with a wide variety of news, from Kerala youths joining ISIS, to the brutal murder of workers of the Bharatiya Janata Party (BJP) and Rashtriya Swayamsevak Sangh(RSS) in broad daylight. “God’s own country” never fails to surprise, and for once Kerala has managed to shock HDFC bank as well.
Several branches of HDFC bank across Kerala have not opened since the past few days. The employees of HDFC Kerala have simply gone on a strike. This statewide closure of HDFC banks is causing huge problems in the state; the customers as well as the bank are facing heavy losses owing to these unannounced closures. The problems being faced by the people who are the customers of HDFC Bank in Kerala are huge. The businessmen and shopkeepers are also facing huge problems owing to the bank not being open. The employees though are unrelenting in their approach; they are not ready at all to budge from their demands. Backed by Centre of Indian Trade Unions (CITU), the employees have been staging protests against the termination of the contracts of some of their co-workers. CITU is the dominant trade union in Kerala, it enjoys the support and backing of the Communist Party of India (Marxist).
— Salim Sukumaran (@salim_suku) April 24, 2018
Hi Salim, we understand the inconvenience. Please click on https://t.co/jcfVfIYZXE to DM the complete address of the Branch & your contact details. Visit here https://t.co/GlPkC4qiiC for help with branch address. Of course, all your details will remain (1/2)
— HDFC Bank (@HDFCBank_Cares) April 25, 2018
Hi, I am unable to transact thru HDFC Sec Thiruvella as HDFC operations in Kerala stands disrupted.I do not understand why your executives have not contacted me,a regular customer, to guide me on https://t.co/wpCXiHhQUL please….
— Thesaint8x (@Thesaint8x) April 25, 2018
Communist Party of India (Marxist) holds a lot of unjustifiable power in Kerala as it is the single largest party in the state. Being prone to violence, especially against anyone who dissents against the CPI-M, the Communist Party is a big threat in Kerala. CPI-M is backing the CITU in the protests and that is why there is almost no mention of the HDFC’s woes in Kerala in the left-loving media houses. Despite flags of CITU being raised in protests all across Kerala, the State Government in Kerala has maintained silence on this issue. It has not even tried to convince the angry employees to end their protests.
To the contrary, the Kerala government is tacitly supporting the protests which are taking place.There is nothing wrong in what the bank has done; it has terminated the contract of a few employees for valid reasons. There have also been some reports of how some employees who were ready to work at the branches were threatened and asked to stay away from HDFC bank premises. These reports further suggest that the well orchestrated protests are being carried out to demonize someone or the other by the CPI-M leadership. The banks have done nothing wrong in firing an employee under the law, pulling their weight around is something the Communist thugs specialize in, but it needs to end now. The national media should show the real story behind the events in Kerala to make the people aware of the modus operandi of the ‘peaceful’ left-wingers.
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