SENSEX NIFTY

Bank Strike

Feb 24, 2015 at 20:49 | Source: PTI
Yesterday, public sector bank employee unions had withdrawn their call for a four-day nationwide strike, with the management agreeing to 15 percent hike in wages at an extra burden of Rs 4,725 crore per year and acceding to the demand for a holiday on second and fourth Saturdays.
Feb 21, 2015 at 16:09 | Source: PTI
Banks have been providing for a 15 percent wage hike since November 2012. Thus, banks already have incorporated wage increase of 15 percent into their accounting but their offering is 13 percent only.
Feb 18, 2015 at 11:34 | Source: Moneycontrol.com
United Bank of India has informed that Ministry of Finance vide communication dated February 17, 2015, referring to the Notice dated February 5, 2015 addressed to the Chairman, IBA, by United Forum of Bank Unions (UFBU), has informed to go on strike from February 25-28, 2015 and indefinite strike from March 16, 2015, in support of their demands.
Jan 30, 2015 at 16:00 | Source: Moneycontrol.com
The 50-share index ended first day of February F&O series at 8808.90, down 143.45 points or 1.6 percent. The Sensex which was within striking distance of the 30,000 mark tanked nearly 500 points. The Sensex slumped 498.82 points or 1.7 percent at 29182.95. About 1258 shares have advanced, 1609 shares declined, and 246 shares were unchanged.
Jan 23, 2015 at 22:12 | Source: CNBC-TV18
Last week, Public Sector Undertaking (PSU) bank employee unions threatened to go on a five-day strike demanding a 19 percent hike in compensation, instead of the 12.5 percent hike proposed by the Indian Banks Association.
Jan 06, 2015 at 20:31 | Source: PTI
Bank unions have deferred the strike as Indian Banks Association (IBA) improved the offer to 12.5 percent from 11 percent, United Forum of Bank Unions (UFBU) Convener M V Murali told PTI.
Jan 02, 2015 at 10:47 | Source: CNBC-TV18
Amit Trivedi at Investworks.in suggests buying calls of 330 strike of State Bank of India and to fund that you can sell puts of 300.
Jan 01, 2015 at 20:32 | Source: PTI
The unions have been demanding a wage revision linked to the gross profit of the banks.
Dec 29, 2014 at 15:55 | Source: Firstpost.com
It is possible that UBI did not get all parts of its legal spadework in order. But the court order, delivered by Judge Debangsu Basak, gives what seems like lightweight reasons for striking down the wilful defaulter tag.
Dec 29, 2014 at 08:32 | Source: PTI
To ensure that interests of all the stakeholders are 'protected', SA Sridhar from the ING Vysya Bank officers' association said a "tri-partite agreement" between Kotak Mahindra Bank (KMB), ING Vysya Bank, and employees and officers, be signed which will lay out all points in detail.
Messages on Bank Strike »

ARRISE

Platinum Member

186 Followers

Bajaj Auto  

I am collecting the stock at each low level. Bank strike and Other strike & 7 th Pay Commision is likely to give increased pay to employees good for all Auto companies. It will start By March end

3.39 PM Feb 19th 2014

vp13

Gold Member

35 Followers

Just Posted  

Rupee rises on bunched-up dollar inflows after bank strike

4.26 PM Feb 12th 2014

jingbang

New Member

0 Follower

EngineersInd  

FPO is closing today (extended the date due to bank strike). I guess it will take a week to get allocated.

3.43 PM Feb 12th 2014

Web Messenger

Platinum Member

272539 Followers

Currencies  

Source:NDTV Profit - The rupee rose to 62.06 versus its yesterday's close of 62.22/23 on bunched-up dollar inflows after the two-day bank strike. Gains in global risk assets also hurt the dollar. State-run banks were on a two-day strike starting on Monday, leading to more

2.50 PM Feb 12th 2014

Vidhata

Platinum Member

109 Followers

SBI  

banking strike...... last time I saved the strike .. fir mene socha this country are not abel for quality ...... this time I dosent involev ... having nice banking strike..

11.53 AM Feb 11th 2014

rajeshpalik
ondawar

New Member

0 Follower

Currencies  

hoping fed on its path. bank strike will finish today & high $ demand will in market. buy $ in dips. spectrum auction bring 53k cr rupee slight strong.

10.49 AM Feb 11th 2014

stockhero25

Gold Member

6 Followers

SBI  

10 things to know about bank strike 1.The bank employee unions had rejected the Indian Banks Association`s (IBA) offer of a 10 per cent wage hike during a conciliation meeting held on February 6 with the Chief Labour Commissioner. The IBA is a body that represents managements of banks. The offer

10.05 AM Feb 11th 2014

k.v.renga

Platinum Member

522 Followers

Banking & Financial Services - Sector  

Bank strike for today and tomorrow may hit the markets.

10.54 AM Feb 10th 2014

BSE/NSE Announcer

Platinum Member

6688 Followers

SBI  

State Bank of India has informed BSE that United Forum of Banks Unions (UFBU) has given a notice to Indian Banks’ Association (IBA) calling for nationwide Bank strike, on the 10th & 11th February 2014. All India State Bank Officers’ Federation and All India State Bank of India Staff Federation

1.52 PM Feb 8th 2014

Web Messenger

Platinum Member

272539 Followers

Banking & Financial Services - Sector  

Source:The Hindu BusinessLine - The conciliation effort made by the Central Chief Labour Commissioner to avert the all-India bank strike scheduled for February 10-11 has failed, and the United Forum of Bank Unions has decided to go ahead with the strike. The talks between the UFBU and the Indian

2.42 PM Feb 7th 2014

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.