IBA, entrusted with the task of setting up a bad bank, has put a preliminary board for NARCL in place. The company has hired P M Nair, a stressed assets expert from State Bank of India (SBI), as the managing director.
The Indian Banks Association (IBA) has decided to hold talks on Monday with leaders of bank unions, who have given a call for a four-day nationwide strike beginning February 25
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, […]
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
Kolkata: Bank unions on Wednesday called for a two-day nationwide strike on January 31 and February 1 after talks over wage revision failed to make headway with the Indian Banks’ Association (IBA). The United Forum of Bank Unions (UFBU), which represents nine trade unions, said they will also hold a three-day strike from March 11-13. […]
Chennai: The amalgamation of 10 public sector banks into four has been working smoothly for the past two months without any heartburns as the employee benefit schemes have been extended to all the employees, said a top official of All India Bank Employees’ Association (AIBEA). The AIBEA is the largest union in the banking sector […]