Aibea

Aibea News

Note ban: RBI's adequate cash supply claim and situation in banks different, says bank staff unions
Politics

Note ban: RBI's adequate cash supply claim and situation in banks different, says bank staff unions

C H Venkatachalam, general secretary, AIBEA and S Nagarajan, Secretary, general secretary AIBOA, have mentioned in the letter that the banks are awaiting some respite from the problems on account of acute shortage of currency notes

Wilful defaulters accounts at 5,610, NPAs Rs 5.39 lakh cr, says bank staff union
Business

Wilful defaulters accounts at 5,610, NPAs Rs 5.39 lakh cr, says bank staff union

In nationalised banks, a total of 3,192 accounts were those of wilful defaulters, who owe a sum of Rs 28,775 crore.

SBI merger an eyewash to shift focus from himalayan scale of bad loans: Union leader
Business

SBI merger an eyewash to shift focus from himalayan scale of bad loans: Union leader

The central government is trying to divert the nation's attention from the Himalayan scale of bad loans given by the nationalised banks, says C.H. Venkatachalam, General Secretary of AIBEA

Take note: From September banks will remain shut on 2nd and 4th Saturdays
Business

Take note: From September banks will remain shut on 2nd and 4th Saturdays

This will be a big relief to employees and staff unions hope it will improve the productivity

Mr Modi, forget about reforming PSBs unless trade unionism is addressed
Business

Mr Modi, forget about reforming PSBs unless trade unionism is addressed

Unless the governments steps into the picture and take meaningful steps to address the concerns of employees in state-run banks, the present scenario will continue

Bank unions call for strike on 12 Nov over wage hike
Finance

Bank unions call for strike on 12 Nov over wage hike

The United Forum of Bank Unions (UFBU), an umbrella organisation comprising various employee bodies, has given the strike call.<br />

Banks to stage protests on 23 May over privatisation report
India

Banks to stage protests on 23 May over privatisation report

Unhappy with the PJ Nayak Committee panel report suggesting privatisation of public sector banks, five bank employees unions on Tuesday decided to stage nationwide demonstrations on 23 May.

2 Padma awardees among nation's top loan defaulters
India

2 Padma awardees among nation's top loan defaulters

As per the list, the bad loan of top 406 accounts of the public sector banks (PSBs) amount to Rs 70,300 crore.

Chidambaram rejecting wage hike demand unfortunate: AIBEA
India

Chidambaram rejecting wage hike demand unfortunate: AIBEA

In his statement on Monday, Chidambaram had stated that entire profit made by banks cannot be utilised for paying more wages to bank employees.