Banking Sector Strike
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US Fed Raises Key Interest Rate, Voices Banking Sector Concerns
The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a balance between curbing high inflation and averting further upheaval in the commercial banking sector.
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Bank Strike On November 19: Services In Public Sector Banks Likely To Be Hit On Saturday
Operations of public sector banks (PSBs) may be impacted as bank union All India Bank Employees Association (AIBEA) has given a strike call for Saturday to oppose incessant outsourcing of jobs.
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Bill To Privatise 2 State-Owned Banks Unlikely In This Session
Government is likely to hold discussions with Reserve Bank of India before a final decision is taken on the bill to privatise two public sector banks
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State-Run Banks Employees On 2-Day Strike, Services Hit Across India
Customers of public sector banks (PSBs) faced difficulties as services like cash withdrawals, cheque clearances and loan approvals came to a standstill due to bank branches not being operational.
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Government Bank Employees Go On 2-Day Strike; Services Hit At Many Places
Public sector lenders, including State Bank of India, had informed customers that services in their branches might be affected due to the strike.
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Centre "Privatising Profit, Nationalising Loss": Rahul Gandhi On Public Sector Bank Strike
Taking a dig at the government, Congress leader Rahul Gandhi today alleged that selling public sector banks to "cronies" will compromise the country's financial security.
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Key Services Hit As 2-Day Nationwide Bank Strike Begins: 10 Points
Key banking operations across the country were impacted today as nine unions called for a two-day nationwide strike against the proposed privatisation of Public Sector Banks and "retrograde banking reforms". As many as 10 lakh bank employees are expected to participate in the strike called by the United Forum of Bank Unions (UFBU), an umbrella body...
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2-Day Nationwide Bank Strike From Today, Key Services Hit
The United Forum of Bank Union (UFBU), an umbrella body of nine bank unions, has called for a two-day nationwide strike on March 15 and 16 against the privatisation of Public Sector Banks and retrograde banking reforms.
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Nation-Wide Strike Impacts Banking Services At PSU Banks
Services of public sector banks were impacted on Saturday as nation-wide strike by employee unions entered its second day.
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All-India Bank Strike Today, Tomorrow; ATMs Could Be Affected
Bank operations could be affected across the country today and tomorrow as over 10 lakh employees of public sector banks are going on a two-day strike from today. The strike, called by an umbrella body of bank unions over salary issues begins, comes on a day when the Budget session of parliament begins. Union Finance Minister Nirmala Sitharaman wil...
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Bank Strike: Operations Hit As Thousands Strike Against Mergers In Patna, Bengaluru
Thousands of bankers of public and private sector refused to report to work on Tuesday in Patna and Bengaluru protesting the merger of ten government banks into four.
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Banking Services Affected Due To Strike By Employees
Banking services were affected on Tuesday after two bank unions called for a one-day nationwide strike to oppose the government's move to merge public-sector lenders. Services like cash deposit and withdrawal at the counter and cheque clearances were impacted due to the strike by banking staff. However, public sectors bank branches in urban areas o...
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Bank Employee Unions Call Strike To Protest Against Mergers: 10 Things To Know
Two trade unions of bank employees have proposed an all-India strike on October 22 to protest against the announced consolidation of 10 state-run lenders into four. "We can easily understand that mergers are a prelude to privatisation of banks and hence we need to vehemently oppose such moves," the Bank Employees Federation of India (BEFI) said in ...
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State-Run Banks To Remain Shut For Two Days This Week As Strike Deferred
Trade unions of state-run bank staff on Monday called off a two-day strike scheduled for this week. Four unions had called a 48-hour bank strike to protest against the mega merger of public sector lender announced by the government and demand for a wage revision. In a joint statement dated September 23, the four trade unions said the decision to de...
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Bank Unions Defer 2-Day Strike, No Disruption In Services On Sept 26, 27
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.
-
US Fed Raises Key Interest Rate, Voices Banking Sector Concerns
The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a balance between curbing high inflation and averting further upheaval in the commercial banking sector.
-
Bank Strike On November 19: Services In Public Sector Banks Likely To Be Hit On Saturday
Operations of public sector banks (PSBs) may be impacted as bank union All India Bank Employees Association (AIBEA) has given a strike call for Saturday to oppose incessant outsourcing of jobs.
-
Bill To Privatise 2 State-Owned Banks Unlikely In This Session
Government is likely to hold discussions with Reserve Bank of India before a final decision is taken on the bill to privatise two public sector banks
-
State-Run Banks Employees On 2-Day Strike, Services Hit Across India
Customers of public sector banks (PSBs) faced difficulties as services like cash withdrawals, cheque clearances and loan approvals came to a standstill due to bank branches not being operational.
-
Government Bank Employees Go On 2-Day Strike; Services Hit At Many Places
Public sector lenders, including State Bank of India, had informed customers that services in their branches might be affected due to the strike.
-
Centre "Privatising Profit, Nationalising Loss": Rahul Gandhi On Public Sector Bank Strike
Taking a dig at the government, Congress leader Rahul Gandhi today alleged that selling public sector banks to "cronies" will compromise the country's financial security.
-
Key Services Hit As 2-Day Nationwide Bank Strike Begins: 10 Points
Key banking operations across the country were impacted today as nine unions called for a two-day nationwide strike against the proposed privatisation of Public Sector Banks and "retrograde banking reforms". As many as 10 lakh bank employees are expected to participate in the strike called by the United Forum of Bank Unions (UFBU), an umbrella body...
-
2-Day Nationwide Bank Strike From Today, Key Services Hit
The United Forum of Bank Union (UFBU), an umbrella body of nine bank unions, has called for a two-day nationwide strike on March 15 and 16 against the privatisation of Public Sector Banks and retrograde banking reforms.
-
Nation-Wide Strike Impacts Banking Services At PSU Banks
Services of public sector banks were impacted on Saturday as nation-wide strike by employee unions entered its second day.
-
All-India Bank Strike Today, Tomorrow; ATMs Could Be Affected
Bank operations could be affected across the country today and tomorrow as over 10 lakh employees of public sector banks are going on a two-day strike from today. The strike, called by an umbrella body of bank unions over salary issues begins, comes on a day when the Budget session of parliament begins. Union Finance Minister Nirmala Sitharaman wil...
-
Bank Strike: Operations Hit As Thousands Strike Against Mergers In Patna, Bengaluru
Thousands of bankers of public and private sector refused to report to work on Tuesday in Patna and Bengaluru protesting the merger of ten government banks into four.
-
Banking Services Affected Due To Strike By Employees
Banking services were affected on Tuesday after two bank unions called for a one-day nationwide strike to oppose the government's move to merge public-sector lenders. Services like cash deposit and withdrawal at the counter and cheque clearances were impacted due to the strike by banking staff. However, public sectors bank branches in urban areas o...
-
Bank Employee Unions Call Strike To Protest Against Mergers: 10 Things To Know
Two trade unions of bank employees have proposed an all-India strike on October 22 to protest against the announced consolidation of 10 state-run lenders into four. "We can easily understand that mergers are a prelude to privatisation of banks and hence we need to vehemently oppose such moves," the Bank Employees Federation of India (BEFI) said in ...
-
State-Run Banks To Remain Shut For Two Days This Week As Strike Deferred
Trade unions of state-run bank staff on Monday called off a two-day strike scheduled for this week. Four unions had called a 48-hour bank strike to protest against the mega merger of public sector lender announced by the government and demand for a wage revision. In a joint statement dated September 23, the four trade unions said the decision to de...
-
Bank Unions Defer 2-Day Strike, No Disruption In Services On Sept 26, 27
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.
