October 22, 2019 9:32 pm
Bank Strike Today 22 October 2019 HIGHLIGHTS: All India Bank Employees’ Association (AIBEA) and Bank Employees Federation of India (BEFI) have called for the strike to protest against the recently announced bank mergers, falling deposit rates and outsourcing of jobs.
October 22, 2019 11:35 am
Most of the banks including the country’s largest lender, State Bank of India (SBI), have already informed customers about the strike and its impact on them.
October 20, 2019 10:13 am
The unions said they are opposed to outsourcing of regular and perennial nature of banking jobs, and privatisation of banking industry while calling for ample recruitment of clerical and sub-staff and stringent steps to recover of mounting bad loans.
October 15, 2018 12:21 pm
"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.
June 01, 2018 2:01 am
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.
May 31, 2018 5:51 am
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.
May 30, 2018 8:20 pm
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.
May 30, 2018 10:00 pm
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.
May 30, 2018 2:05 am
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."
May 29, 2018 11:08 pm
The bank strike, being spearheaded by the United Forum of Bank Unions (UFBU), is likely to impact operations at several bank branches and ATMs.
October 23, 2019 6:55 am
Some of the employees’ unions of public sector banks (PSBs) have decided to observe nation-wide strike to protest against the merger of 10 nationalised banks. Though officers and private sector banks will not take part in the strike.
May 31, 2018 7:31 pm
The two-day strike across the nation affected banking operations, and caused inconvenience to customers given it came during the month-end.
January 16, 2019 6:40 pm
BEST union workers call off 9-day-old strike. One of the terms agreed to was the appointment of a high court judge to negotiate terms.
August 22, 2017 1:13 pm
February 27, 2017 5:29 pm