PDP protests over J-K bank turning to PSU

Dozens of Peoples Democratic Party (PDP) activists staged a protest march here on Thursday seeking revocation of the Governor's order turning the Jammu and Kashmir Bank into a public sector undertaking.

The PDP activists led by senior leader and former Minister Naeem Akhtar took out the march in Srinagar seeking a rollback of Governor Satya Pal Malik's decision.

"Turning J&K Bank into a PSU is an assault on the economy of Jammu and Kashmir," Akhtar said. "We want the Governor to revoke it. We won't relent until the order is revoked."

(With inputs from agencies.)