March 16, 2021 1:59 pm
Customers will be inconvenienced to get services such as cash withdrawals, deposits, cheque clearances, remittance services. Government transactions related to treasury as well as business transactions will also be impacted.
March 15, 2021 3:41 pm
Branches of private sector lenders like ICICI Bank, HDFC Bank and Axis Bank are open as they are not part of the strike.
March 15, 2021 8:04 am
Services such as deposits and withdrawal at branches, cheque clearance and loan approvals would be affected due to the strike. However, ATMs are likely to remain functional.
March 15, 2021 8:15 am
Bank Strike on 15 and 16 March: The United Forum of Bank Unions (UFBU), which is an umbrella body of nine bank unions, has called for a two-day strike starting from March 15. This, along with two bank holidays on March 13 (second Saturday) and March 14 (Sunday) would translate to a four-day break in the regular banking operations.
March 12, 2021 12:13 am
Cheque clearances are likely to be impacted till March 17.
March 04, 2021 2:43 pm
Canara Bank said it is taking necessary steps for smooth functioning of bank branches and offices on the days of the proposed strike.
February 09, 2021 5:06 pm
In the Union Budget presented last week, Finance Minister Nirmala Sitharaman announced the privatisation of two Public Sector Banks (PSBs) as part of its disinvestment plan.
November 26, 2020 6:56 pm
The strike by unions is aimed against the anti-labour policies of the central government and bank employees are reported to be protesting against the privatisation of banks, outsourcing and contract system in jobs in the sector, AIBEA general secretary C H Venkatachalam told news agency PTI.
November 26, 2020 1:43 pm
Many lenders including Bank of Maharashtra had informed customers in advance that normal working could be affected at the branches and offices due to the strike.
November 24, 2020 5:52 pm
The association represents the majority of the banks except State Bank of India and Indian Overseas Bank. It has four lakh bank employees from various public and old private sector and a few foreign banks as its members.
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.
June 22, 2020 6:05 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.
June 22, 2020 6:55 pm
June 22, 2020 7:09 pm