About one lakh bank branches remain closed and some others headed by senior officials were kept open as they did not participate in the strike.
Members of the United Forum of Bank Unions (UFBU) have announced to go on a two-day nation-wide strike from today (December 16) protesting Union Government’s proposal of privatization of nationalized banks and also the introduction of the Banking Laws (Amendment) Bill, 2021.
Owing to the stir, operations at the cheque clearing grids in Mumbai, Chennai and Delhi will be impacted and several thousands of crore worth of cheques would not be cleared.
The bank unions are against the privatisation of government owned banks.
UFBU has decided to oppose the move for privatisation, All India Bank Employees Association (AIBEA) General Secretary C H Venkatachalam said in a statement. Strike notice for December 16 and December 17, 2021, has been served by UFBU on the IBA, he said.
Chennai: With the conciliation meeting between bank unions and the Central government failing, about 10 lakh bank employees will strike work for two continuous days – March 15 and 16 – protesting against the government decision to privatise public sector banks, the All India Bank Employees’ Association (AIBEA) said on Thursday. According to AIBEA General […]
Bhubaneswar: The United Forum of Bank Unions has decided to go on a two-day strike from March 15 against the central government’s decision in the last parliamentary session to privatise the banking sector. As per reports, 30,000 employees from 5,500 different branches from Odisha are going to take part in the stir. Bank staff will […]
Bhubaneswar: Do you have any important bank-related works this forthcoming month? If yes, then you must plan your visit for transactions much in advance as banks in several parts of the country will have fewer working days in March. Apart from national holidays, the working days and holidays will vary from state to state on […]
New Delhi: Bank unions have decided to go on a two-day nationwide strike from Friday as talks with the management of public sector lenders on wage revision have failed to reach a consensus. Many banks, including SBI, have informed customers that operations may be impacted to some extent due to the strike. The strike will […]
Bhubaneswar: All the nationalised banks will remain closed for four consecutive days from today in Odisha. On the occasion of Saraswati Puja today, banks will remain shut. Similarly, due to a 2-day strike called by United Forum of Bank Unions(UFBU) across the country to press for early wage revision, no banking operation will be done […]
Chennai: Nearly 3,00,000 bankers in public and private sector banks refused work on Tuesday across the nation protesting merger of 10 government banks into four, affecting normal banking operations, claimed All India Bank Employees’ Union (AIBEA). According to AIBEA, clearing of cheques were affected as cheques could not be collected by banks and sent for […]
Chennai: Banking operations across the country will be affected on Tuesday as about 3.5 lakh bank employees will be on strike to protest mergers of government banks, said a top leader of All India Bank Employees’ Association (AIBEA). “Members of AIBEA and BEFI (Bank Employees Federation of India) will be on strike on Tuesday across […]
New Delhi: 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. Four unions of bank officers had threatened to go on a two-day strike from September 26 to protest against the consolidation of 10 state-run lenders into four. “Finance […]
Chandigarh/Dharamshala: Four bank employee unions have given a call for a two-day strike from the midnight of September 25 and an indefinite stir from the second week of November to protest against the mega-merger of 10 nationalised banks, a union leader said on Thursday. The unions are also pressing for expeditious wage revision, the introduction […]
Bhubaneswar: Customers were having a harrowing time due to bandh call given by nearly 40,000 bank employees in the State as part of the nation-wide one-day strike by employees of nine bank unions against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda (BoB). Employees of nine Bank unions under the […]
Bhubaneswar: Banking transactions are likely to be affected today as the banks will remain closed due to a strike called by the All India Bank Officers’ Confederation (AIBOC) over various demands. The AIBOC has called for the strike demanding revision in salary and calling off the merger of three public sector banks – Bank of […]
Chennai: The United Forum of Bank Union (UFBU) – a consortium of nine unions in the banking sector – will strike work on December 26 opposing the merger of Bank of Baroda, Dena Bank and Vijaya Bank, the All India Bank Employees Association (AIBEA) said on Saturday. The AIBEA is one of the constituents of […]
Bhubaneswar: Services in public sector banks across the State were today affected after employees took to streets as part of the two-day nationwide strike called by the United Forum of Bank Unions. Holding banners, staff of different government banks including State Bank of India (SBI) and Bank of India (BoI) staged demonstrations at various places […]
Chennai: Banking operations in the country were hit amid the two-day bank strike by over 10 lakh bankers demanding early wage settlement starting Wednesday. Citing that the stir has has evoked good response nationwide, C.H. Venkatachalam, General Secretary of All India Bank Employees’ Association (AIBEA ) said “Around 85,000 bank branches spread across the country, […]
Bhubaneswar/New Delhi: State-run bank unions have threatened to launch a nation-wide strike and even approach court if they are not paid the dues for the overtime work following the announcement of demonitisation. “If our employers will not clear the overtime dues from the time we worked long hours during the demonetisation rush, we will go […]
Bhubaneswar/New Delhi: Protesting consolidation of banks, loan defaults by large borrowers and inadequate capital support, bank unions will observe a nationwide strike today. The strike has been called by the United Forum of Bank Unions (UFBU), an umbrella body of nine unions, including the All Indian Bank Officers Confederation (AIBOC) and All India Bank Employees’ […]
As public sector bank employees started a two-day strike on Monday seeking higher wages, Indian Finance Minister P Chidambaram said the profit of banks cannot be used only to enhance salaries because there are other obligations
Dissatisfied with the wage hike offer made by Indian Banks' Association (IBA), public sector lenders' employee unions on Monday threatened to go on a two-day strike from February 10