Bank Strike

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AIBEA denies call for the bank strike

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.

Two-day strike hits banking operations

Cash deposits, FD renewals, government treasury and money market operations were disrupted in many parts of the country. There were reports of ATMs running dry in several towns.

Explained Snippets | Bank strike: What unions want, what they are being offered

The United Forum of Bank Unions has been discussing the wage bill hike issue with the Indian Banks’ Association. In the last meeting earlier this month, IBA proposed that the wage bill be increased by 2% for the next five years.

Bank strike: Operations hit across India, employees firm on demand of wage revision

The All India Bank Employees Association, a body of over 10 lakh bankers in government and private lenders had demanded an early revision of the wages which is due since November 1, 2017.

Bank strike LIVE UPDATES: 10 lakh employees begin nation-wide protest demanding salary revision

Bank strike Highlights: 10 lakh employees reject 2 per cent salary hike, ATM services likely to be hit

Bank strike highlights: There are about 85,000 branches of 21 public sector banks across the country having business share of about 70 per cent.

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Demanding salary revision, two-day bank strike from today

The strike is likely to affect the banking operations across the country. Cash withdrawals from ATMs and cheque clearance are likely to be hit, banking sources said, “as the strike has come during the month end, salaried class and small units are likely to bear the brunt.”

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Banking services to be hit as unions call for two-day strike from Wednesday

The bank strike, being spearheaded by the United Forum of Bank Unions (UFBU), is likely to impact operations at several bank branches and ATMs.

Demanding salary revision, Bank unions announce two-day nation-wide strike on May 30-31

Demanding salary revision, over 10 lakh bankers announce two-day nation-wide strike on May 30-31

Bank unions announce strike: On May 5 in Mumbai, IBA made two unacceptable propositions including an offer of 2 per cent hike in the wage bill cost as on March 31, 2017, United Forum of Bank Unions (UFBU) said in a statement.

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Trade union of banks calls for August 22 to protest against proposed reforms

Rise in the gross NPAs of all the PSBs to Rs 6.83 lakh crore was also a major cause for concern and the banking system’s financial health was suffering due to provisioning.

Unions, IBA agree on 15% hike in salaries; bank strike called off

The wage revision would benefit about 8.5 lakh employees and officers in 45 banks, including old generation private sector banks and a few foreign lenders.

Jaitley asks bank employee unions to withdraw strike call

The strike, if it goes through, would impact crucial fund transfers during the time of the presentation of the Union Budget 2015- 16 on February 28.

Bank unions threaten 4-day strike from Feb 25

The banking unions on Friday threatened to go on a four day strike if their demands of a further raise in salaries was not met

Bank strike hits financial transactions in Punjab,Haryana and Chandigarh

Due to strike,cheques worth several crore of rupees remained uncleared.

Bank strike day 2: ATMs run out of cash

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

10 lakh PSU bank employees go on strike

Some private sector banks are also shut,causing harassment to the public.