Bank Strike
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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 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.
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.”
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, 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.
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.
Private banking licences: Bank employees to go on all-India strike
Public sector bank employees will go on a two-day nation-wide strike.
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