Bank Union

FinMin terms Bank of Maharashtra officials' arrests as 'aberration', not hounding bankers

Stating that the Bank of Maharashtra (BoM) incident should not be taken as bankers are being hounded, the finance ministry official said the state police action is not fair as well

Bank of Maharashtra-DSK loan row: Anguished bank union rallies behind management; seeks government help

In an unprecedented move, the national bankers lobby, Indian Banks Association, on Friday unanimously rallied behind the arrested brass of the embattled Bank of Maharashtra saying the entire banking fraternity is "anguished" over the development

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

Bank union threatens strike if Financial Resolution and Deposit Insurance (FRDI) Bill not amended

The so-called "bail-in" clause in the draft FRDI Bill has been commented upon by experts as of bringing potential harm to deposits, in the form of savings accounts

Demonetisation cash crunch: Close banks for 15 days, demands bank union

Bank staff union will hold protests in the next 10 days to bring their plight to the government's attention