All India Bank Employees Association
All India Bank Employees Association News

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.

Bharat Bandh 2020: Over 10 national trade unions, thousand of strikers disrupt transport, banking services in protest against privatisation, unemployment
More than 10 national trade unions affiliated to left-wing parties, including the main opposition Congress, have called for a nationwide protest against Prime Minister Narendra Modi’s labour reforms.

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

Bank strike: Operations may be affected tomorrow; employees' unions to protest against mergers, fall in deposit rates
Services in state-owned banks may be affected as some of the employee's unions have decided to observe nationwide strike on Tuesday to protest against bank mergers and fall in deposit rates

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"

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

Daily Bulletin: Bankers, transport strike today, Citizenship, quota for economically backward bills in LS; day's top stories
Bankers, transportation workers on strike today, Bill on quota for economically backward in LS; SC verdict on CBI chief Alok Verma's plea against govt order sending him on leave; day's top stories

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

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.

Employee unions to protest across country against BoB, Vijaya Bank, Dena Bank merger decision on Tuesday
A bank employee unions' federation has called upon bank unions to hold demonstrations on Tuesday to protest against the merger of three state-run lenders --Bank of Baroda, Vijaya Bank and Dena Bank, a union leader said on Monday.

Bank of Maharashtra-DSK loan row: Shareholders and unions back arrested top officials
At the annual general meeting on Thursday, the shareholders reposed their faith and confidence in the bank and its leadership team.

Bank employees’ union urges RBI to revoke lending restrictions on Dena Bank; curbs part of corrective action
In view of high non-performing assets (NPAs), the Reserve Bank of India (RBI) last month had initiated prompt corrective action (PCA) against Dena Bank, restricting the lender from giving fresh credit and conducting new hirings.

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.

Bank unions call for two-day nationwide strike from 30 May to protest nominal wage hike
Employees and officers of various state-run banks have called for a two-day nationwide strike from 30 May to protest a nominal 2 percent wage hike

Fraud-hit PNB posts biggest ever quarterly loss of Rs 13,417 cr in Q4; gross NPAs up 18.38%
Scam hit Punjab National Bank (PNB) on Tuesday posted largest ever quarterly loss of Rs 13,416.91 crore for January-March period, mainly on account of high provisioning for bad loans.

PNB fraud: After CBI chargesheet, bank employees' union says MD Sunil Mehta should distance himself
AIBEA said taking moral responsibility, the current MD of PNB should also keep himself away from PNB till the probe into the alleged scam is over

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)

Ten lakh bank employees to strike work in May-end for wage-revision demand
Wage revision talks between the United Forum of Bank Unions (UFBU) -- an umbrella body of bank unions -- and IBA representing various banks held in Mumbai on Saturday ended in a failure

Cash crunch: SBI doubting 'genuity' of problem is illogical; the currency shortage is not a made-up story
SBI's stand on the cash crunch disregards ground realities. The bank's economists are probably playing to the government's tune.

ATMs run dry: RBI governor Urjit Patel should quit, demands bank union
The All India Bank Employees' Association (AIBEA) on Thursday demanded Reserve Bank of India Governor Urjit Patel quit as the central bank is grossly negligent on several issues, including the cashless ATMs across the country