Indian Banks Association

IBA directs banks to deposit Rs 500 in Jan Dhan accounts held by women starting today

Indian Banks' Association (IBA) has directed all banks to start depositing Rs 500 per month into Jan Dhan Yojana accounts held by women starting 3 April.

Coronavirus Outbreak: Borrowers unlikely to get significant gains from loan moratorium; banks to charge interest later

The three-month suspension of EMI payments may not result in a significant gains for borrowers as they will charge interest for the moratorium period, according to the moratorium scheme announced by state-owned banks

Bank strike: Employees of public sector lenders to go on two-day nationwide stir from today

Bank unions have decided to go on a two-day nationwide strike from Friday as talks with management of public sector lenders on wage revision have failed to reach a consensus

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

Public sector bank unions defer two-day strike; operations to be normal on 26-27 September

Officers' unions of public sector banks have deferred the proposed two-day strike following an assurance from Finance Secretary Rajiv Kumar to look into their concerns

Bank unions to go on two-day strike from 26 September: Here's how customers can prepare themselves

Four bank unions have threatened to go on a two-day strike from September 26 to protest against the merging of 10 state-run lenders

Strike call given by bank officers' union may affect normal business at branches: SBI

The State Bank of India (SBI) on Monday said the operations of the bank could be affected if the two-day strike call given by officers' unions materialises

RBI's new framework to expedite resolution of stressed assets: Sashakt committee on bad loans

The Reserve Bank on Friday had replaced a tough norm on NPA categorisation by lenders, as it was quashed by the Supreme Court in April

Jet Airways crisis: Banks unions want lenders to offer special loans to airline's over 22,000 employees

Last week bank unions had written to Prime Minister Narendra Modi demanding the government take over the carrier to secure the jobs of its employees

Govt keen on amalgamation of PSBs to create globally competitive, healthy large banks: Arun Jaitley

Jaitley said the NPA situation of PSU banks has improved in the last 2-3 quarters and the NDA government has ended the practice of "phone banking"