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January 24, 2023 11:27 PM IST "While the bank has made necessary arrangements to ensure normal functioning in its branches and offices on the days of strike, it is likely that work in our bank may be impacted," SBI said.
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November 21, 2022 09:08 AM IST Over years, bank employee trade unions may have lost their earlier influence over employees but these organisations continue to have a big say in banking industry.
- November 19, 2022 10:08 AM IST
The unions had threatened to go on strike protesting against staff layoffs, outsourcing in banks, and delay in implementing wage revision in some banks, among other issues.
- June 13, 2022 01:55 PM IST
Nearly 900,000 bank employees will go on a day’s strike this month to press demands for a five-day workweek
- March 29, 2022 11:37 AM IST
As many as 10 central trade unions have been observing a two-day nationwide strike since March 28. The impact on public life has been partial
- March 16, 2021 04:54 PM IST
We have announced a Public Enterprise Policy, where we have identified four areas where public sector presence will be there, in this, financial sector too is there. Not all banks are going to be privatised, said Finance Minister Nirmala Sitharaman.
- March 16, 2021 11:24 AM IST
Rahul Gandhi also accused the government of "privatising profit" and "nationalising loss". "Government of India (GOI) is privatising profit and nationalising loss. Selling PSBs to Modicronies gravely compromises India's financial security," Gandhi tweeted.
- March 16, 2021 12:18 PM IST
The United Forum of Bank Unions (UFBU), an umbrella body of nine unions called for a bank strike across the country on March 15 and 16.
- March 15, 2021 09:23 AM IST
The two-day bank strike announced by the bank unions is likely to be followed up by indefinite strikes, according to union leaders. The government will have to carefully make its moves.
- November 25, 2020 05:50 PM IST
Bank strike in India on November 26: Certain banks like the Punjab and Sindh Bank have reportedly taken necessary measures to ensure that essential banking services are not affected.
- January 31, 2020 09:03 AM IST
Services such as cheque clearances, cash deposit, cash withdrawal and loan disbursements at bank branches could be affected during the strike.
- January 05, 2020 12:46 PM IST
SBI notifies clerk recruitment, RBI widens payment options for FASTag
- October 22, 2019 09:35 AM IST
"The membership of our bank employees in unions participating in strike is very few, so the impact of strike on Banks operation will be minimal," SBI said in a filing to stock exchanges last week.
- October 21, 2019 03:57 PM IST
The move by the two employee unions is largely a protest against the recent mergers of 10 public sector banks (PSBs)and the dipping rates on deposits, they said a joint statement.
- October 18, 2019 05:45 PM IST
However, the country's largest lender, the State Bank of India (SBI) has said in a notice to the exchanges that the impact of the proposed strike on its operations is expected to be minimal.
- September 23, 2019 05:04 PM IST
At least four bank employees' unions have threatened to go on a two-day strike ahead of the weekend
- May 30, 2018 07:27 PM IST
The IBA could meet the unions on June 12 to restart wage negotiations. Bank unions are demand a 15% percent as opposed to the meagre 2% offered to them.
- August 22, 2017 08:40 PM IST
The nationwide strike called upon by nine bank unions on Tuesday saw major participation of nearly 10 lakh employees and officers of public sector banks across 10,300 branches in the country.
- August 19, 2017 10:54 AM IST
In the week gone by, banking sector was relatively less buzzing than the previous weeks as smaller news trends of non-performing assets (NPAs) and retail segment, interest rate reduction by banks and push by the Reserve Bank gained focus
- August 07, 2017 06:46 PM IST
One million bank employees and officers in all the Banks will observe a strike on August 22, 2017.
- February 28, 2017 09:26 PM IST
On February 28, cheque clearances and cash transactions will be crippled while ATMs are likely to be exhausted of cash after the morning hours as over nine lakh bank officers and staff are set to observe one day strike on a call by the United Forum of Bank Unions (UFBU), consisting of nine unions in the banking sector.
- February 27, 2017 12:23 PM IST
Operations at public sector banks may be hit on Tuesday as most unions under the aegis of UFBU have threatened to go on strike to press for various demands, including accountability of top executives in view of mounting bad loans in the banking sector.
- November 12, 2014 11:37 AM IST
Dealers are bracing for low volumes across all markets in India on Wednesday as unions at most banks have called for a nationwide strike that is expected to leave trading rooms with minimal staffing but not shut down activity altogether.
- February 11, 2014 06:56 PM IST
The Indian Banks' Association which is the industry body of banks has agreed to offer a 10 percent wage hike which is an outgo of over Rs 3000 crore for PSU banks.
- August 05, 2011 02:39 PM IST
Banking operations have been affected across the country today with employees of public sector and old private sector banks going on a day-long strike in protest banking sector reforms.
