Aibea

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Aibea - Total results - 49
Bank strike: Two major bank unions declare strike on 27 March against PSB mergers; services likely to be hit
Business

Bank strike: Two major bank unions declare strike on 27 March against PSB mergers; services likely to be hit

Employees of AIBEA and AIBOA will go on a bank strike against the mergers of ten public sector banks (PSBs) which the Union Cabinet approved on Wednesday.

Mega bank consolidation: Meeting 1 April deadline appears challenging with approvals, clearances still pending
Business

Mega bank consolidation: Meeting 1 April deadline appears challenging with approvals, clearances still pending

According to a senior banker, information technology integration of Vijaya Bank and Dena Bank with Bank of Baroda is still in process even after 10 months of merger.

Bank strike from today: Over 10 lakh employees to take part in 2-day stir; services at branches, ATM services to be hit
Business

Bank strike from today: Over 10 lakh employees to take part in 2-day stir; services at branches, ATM services to be hit

"Today's talks with Indian Banks' Association (IBA) failed on-demand from unions, so strike call stands," AIBEA General Secretary C H Venkatachalam said on Thursday

Employees of state-run banks threaten two-day strike from 31 January seeking wage revision; say IBA's approach rigid towards demands
Business

Employees of state-run banks threaten two-day strike from 31 January seeking wage revision; say IBA's approach rigid towards demands

If proposed strike materialises, it will coincide with beginning of the Budget session and presentation of Budget 2020-21.

Bharat Bandh: Transport, banking hit in several states as Left, Congress-backed unions go on strike; vandals torch vehicles in Bengal
India

Bharat Bandh: Transport, banking hit in several states as Left, Congress-backed unions go on strike; vandals torch vehicles in Bengal

The day-long Bharat Bandh called by 10 trade unions was hit normal life in the statesof West Bengal, Assam and Odisha, while it evoked a lukewarm response in many states including Maharashtra, Karnataka and Tripura.

Bharat Bandh 2020 Updates: TMC, CPM spar over violence in Bengal; parties without political existence indulging in cheap tactics, alleges Mamata Banerjee
India

Bharat Bandh 2020 Updates: TMC, CPM spar over violence in Bengal; parties without political existence indulging in cheap tactics, alleges Mamata Banerjee

Bharat Bandh 2020 Updates:Hitting out at the Left and the Congress, Chief Minister Mamata Banerjee said on Wednesday that those who don't have any political existence in the state are trying to ruin its economy by pursuing "cheap politics" of strikes.

Bharat Bandh 2020: Banking, transport services set to be impacted as trade unions call for strike against Centre's labour policies
India

Bharat Bandh 2020: Banking, transport services set to be impacted as trade unions call for strike against Centre's labour policies

In West Bengal, trade unions affiliated to Left and other parties called for a Bharat bandh against the economic policies of the BJP government. However, the TMC-led state government said it will not support any bandh.

Bharat bandh likely to affect banking, ATM services on 8 January; online services may function normally
Business

Bharat bandh likely to affect banking, ATM services on 8 January; online services may function normally

Apart from banking services, ATM services are also expected to be affected during the one-day Bharat bandh, said the report.

Mega merger of PSBs: Employees unions of state-run banks to stage sit-in before Parliament on 10 December
Business

Mega merger of PSBs: Employees unions of state-run banks to stage sit-in before Parliament on 10 December

In August this year, the government announced its plan to merge 10 PSBs into four to create fewer and stronger global-sized banks.

Over 3,400 branches of 26 public sector banks closed or merged in last 5 years: RTI
Business

Over 3,400 branches of 26 public sector banks closed or merged in last 5 years: RTI

Over 3,400 branches of 26 public sector banks (PSBs) have been either closed or merged during the last five financial years due to merger under the consolidation exercise in the banking space, revealed an RTI query

Banking services partially affected due to strike by employees to protest against govt's mega-merger plan
Business

Banking services partially affected due to strike by employees to protest against govt's mega-merger plan

Banking services remained affected on Tuesday as employees of state-run banks are on a nation-wide one day strike to protest against the government's mega-merger plan

Banking services likely to be partially affected today as employees unions call for 24-hour strike; RBI, SBI to function normally
Business

Banking services likely to be partially affected today as employees unions call for 24-hour strike; RBI, SBI to function normally

Regional Rural Banks and cooperatives banks will also not participate in the strike as mergers do not affect them, sources said.

There will not be a single job loss due to merger of banks, assures Nirmala Sitharaman
Business

There will not be a single job loss due to merger of banks, assures Nirmala Sitharaman

The merger of banks will bring down the number of state-run banks to 12 from 19 after the merger of Dena Bank and Vijaya Bank with Bank of Baroda effective April 2019.

RBI can't be 'extension counter' of govt; bank employee association slams move to transfer huge surplus
Business

RBI can't be 'extension counter' of govt; bank employee association slams move to transfer huge surplus

Slamming decision of the RBI to transfer its excess reserve to the government, bankers' body AIBEA on Wednesday said the apex bank should not be an "extension counter" of the finance ministry and what is happening now is a matter of "serious concern"

Banking services partially hit on second day of strike; SBI, private banks operations remain unaffected
Business

Banking services partially hit on second day of strike; SBI, private banks operations remain unaffected

All India Bank Employees' Association and Bank Employees' Federation of India have supported the strike, which has impacted banking operation where these two unions are strong.

Trade unions strike: Banking operations partially affected; SBI, private sector banks remain unaffected
Business

Trade unions strike: Banking operations partially affected; SBI, private sector banks remain unaffected

AIBEA and the BEFI have supported the strike, which impacted banking operations where these two unions are strong

Two bank unions call for strike on 8 and 9 January in support of nationwide stir against government's 'anti-worker' policies
India

Two bank unions call for strike on 8 and 9 January in support of nationwide stir against government's 'anti-worker' policies

Ten central trade unions have also called for a nationwide general strike on 8 and 9 January

Public sector bank strike today, around 10 lakh employees to participate; services impacted
Business

Public sector bank strike today, around 10 lakh employees to participate; services impacted

The strike has been called to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.

State-run banks to go on nation-wide strike Wednesday; protesting against Vijaya Bank and Dena Bank's merger with Bank of Baroda
Business

State-run banks to go on nation-wide strike Wednesday; protesting against Vijaya Bank and Dena Bank's merger with Bank of Baroda

Services of state-owned banks are expected to be impacted on Wednesday due to a nation-wide strike call given by unions to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda. This will be the second bank strike in less than a week.

RBI employee union expresses shock over governor Urjit Patel's resignation
Business

RBI employee union expresses shock over governor Urjit Patel's resignation

The All India Reserve Bank Employees Association has expressed shock over the resignation of central bank governor Urjit Patel, saying one of the trigger points could be a transfer of reserves to the government.