Aiboc

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.

Videocon loan row: PSU bankers question why RBI delayed in acting against ex-ICICI CEO Chanda Kochhar

A section of public sector bankers on Thursday raised questions about the RBI seeking powers to regulate state-owned banks saying it apparently failed to act against officials in the ICICI Bank-Videocon matter despite claiming to have enough powers to deal with private sector lenders.

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.

Public sector bank officers on strike, protest Vijaya-Dena-Bank of Baroda merger, seek wage hike

Around 3.20 lakh officers from various state-run banks are a one-day strike on Friday seeking immediate wage revision and opposing the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda.

Public sector bank officers' union to go on strike today to demand immediate wage revision, protest PSBs merger

Most of the banks have already informed their customers about the strike and its impact on their normal banking operation.

Banks to remain closed for five days from tomorrow; holidays, strikes to affect operations, ATMs may take hit on 26 Dec

The UFBU, an umbrella body of the top nine bank unions, has given a strike call on 26 December while the AIBOC has appealed for a strike on Friday

Bank officers union slams Alok Industries' lenders decision to accept offer with deep haircut of 83%

Lenders to Alok Industries will have to take a deep haircut of 83% in approving RIL-JM Financial ARC's resolution plan to take over the bankrupted company

Bank services impacted as over a million employees go on 2-day strike; salary withdrawals to be affected

Banking activities in public sector banks across the country have been interrupted as employees go on two-day nation-wide strike against the meagre two percent salary hike offered by the management - Indian Banks Association.

Nine bank unions threaten two-day nation-wide strike from 30 May over meagre pay hike

Employees of public sector banks have threatened to go on two-day nation-wide strike from 30 May against "a meagre" 2 percent hike offered by the management body, Indian Banks' Association (IBA)

ATMs go dry nationwide: Why the biggest cash hoarders - political parties and RBI - owe answers for crunch

Currency hoarding by political parties for elections, and the RBI’s failure to bridge the gap between the two high denomination notes probably triggered the cash crunch.