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bank strike 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.

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 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.

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.

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.

bank strike Photos

Two-day bank strike: As services are hit across India, unions call it 'total success'

The two-day strike across the nation affected banking operations, and caused inconvenience to customers given it came during the month-end.

bank strike Videos

BEST employees call off strike

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.

Public Sector Bank Employees On A Nation Wide Strike

Normal banking operations have been hit as public sector bank employees went on a one-day nationwide strike today to protest against the government’s proposed consolidation move, besides raising other demands. Services like deposits and withdrawal at bank branches, cheque clearance, NEFT and RTGS transactions are affected. However, operations at private lenders such as ICICI Bank, […]


Bank Employees Put Forth Various Demands, Threaten To Go On Strike On February 28

Unions under the aegis of United Forum of Bank Unions have threatened to go on strike on Tuesday (February 28) to press for various demands including accountability of top executives in view of mounting bad loans in the banking sector. Banks, including SBI, PNB and BoB have already informed their customers about the hit that work […]