AIBEA

AIBEA News

Did not issue 5-day strike call in November: AIBEA

"Some malicious elements have cut-pasted the union's letterhead and my signature on a plain paper and added some malicious message in the middle," General Secretary C.H. Venkatachalam said.

Banks to remain closed on 2nd, 4th Saturdays

At present, all PSU and private sector banks work half-day on Saturdays.

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No more hiring from pvt sector for top jobs

The government had last week roped in private sector professionals to run two of its largest banks — Bank of Baroda and Canara Bank.

PSB unions revolt against pvt sector appointments

The bad loans of banks had risen to Rs 2,97,000 crore — excluding another Rs 4,03,004 crore of stressed loans of 530 corporate companies shown as rescheduled and restructured loans under the CDR scheme.

Banks to stage nationwide demonstrations on May 23

The government issue regulatory instructions to banks, and they be covered by the Companies Act.

Fifty companies owe more than Rs 40,000 crore to banks

RBI Dy Governor KC Chakrabarty has criticised approach of banks in handling bad assets.

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Bank strike day 2: ATMs run out of cash

Normal banking operations,including cash transactions,cheque clearances were affected.

PSU bank unions strike against reforms; services hit

Banking transactions were hit across the country after about 10 lakh bank employees began a two-day strike on Wednesday to protest against banking sector reforms and outsourcing of services to private sector

Strike call to hit banking operations on Tuesday

Banking operations are expected to be hit on September 7.

PSU bank staff plan 1-day strike on Dec 16

About 6,00,000 employees of India's banks plan to go on a one-day strike on Dec. 16 to protest the move to merge state-owned banks.

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