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Dharna for zero balance accounts

Staff Reporter

ANANTAPUR: The Students’ Federation of India (SFI) staged a dharna in front of the Syndicate Bank branch at Tower Clock here on Thursday demanding the opening of zero balance accounts all students pursuing Intermediate and under graduate courses. The protest disrupted the commercial operations in the branch for more than an hour.

As the bank officials gave no assurance to the students, the SFI activists locked the entrance of the bank branch and did not allow both the customers and staff to enter or leave the branch. District secretary of SFI S. Suryanarayana alleged that bank accounts were necessary for Intermediate and under graduate students to get their post-metric scholarship amounts credited. The banks were supposed to open zero balance accounts for the student community. However, banks like SBI, SBH, Indian Bank, Andhra Bank, Syndicate Bank and others were collecting Rs. 500 to Rs. 1,000 for opening accounts and it was difficult for the students to deposit such an amount.

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