Cheque Clearance
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2-Day Strike By State-Run Bank Employees Ends, Services Hit Across India
Services like deposits and withdrawal at branches, cheque clearance and loan approvals remained paralysed due to the two-day strike. ATMs at different parts of the country went dry on the second day.
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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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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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Public Bank Services May Take A Hit Today, Says Employee Union
Operations at private lenders such as ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank are expected to be normal
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Banking Transactions May Be Hit By Nation-Wide Strike: 5 Things To Know
The United Forum of Bank Unions (UFBU) is an umbrella body of nine unions, including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW).
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Cash Deposits, Withdrawals Hit As Bank Employees Go On Strike
Services like cash deposits and withdrawal from branches and cheque clearances have been hit hard by the strike, which has been called under the aegis of the United Forum of Bank Unions (UFBU).
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Bank Strike Hits Operations, Clearance Of 40 Lakh Cheques Could Be Affected
The strike covers employees and officers in all public sector banks, including State Bank of India, all old-generation private banks, foreign banks, regional rural banks and cooperative banks.
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Bank Strike Today; Cash, Cheque Transactions Hit
Top private lenders like ICICI Bank, HDFC Bank and Axis Bank however will continue to function normally but cheque clearing operations could be hit.
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Bank Strike Tomorrow To Hit Normal Banking Operations
The functioning of private banks like ICICI, HDFC, Axis and Kotak Mahindra is expected to be normal except for delays in cheque clearance
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Bank Employees Likely To Go For 1-Day Strike, Transactions Could Be Hit
All attempts to find solutions to the demands raised by the unions yielded no results and hence, UFBU decided to proceed with the proposed strike on February 28, said AIBEA General Secretary C H Venkatachalam.
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Strike Hits Indian Banks, But Treasury Functions Normal
A nation-wide bank strike in India hit the public transactions like cheque clearances and cash deposits, but the vital treasury operations including a Rs 15,000 crore ($2.24 billion) government bond auction are unlikely to be affected, traders said.
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Government Notifies New Norms to Deal With Cheque Bounce Cases
The government has notified the Negotiable Instruments (Amendment) Bill, 2015, which allows filing of cheque bounce cases in a court at the place where it was presented for clearance and not the place of issue.
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Now File Cheque Bounce Cases Locally
People can now file cases related to cheque bounceat the place where the cheque is presented for clearanceand not at the place of issue, as per the new law which gotPresident Pranab Mukherjee's assent recently.
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Bill Changing Law on Bounced Cheques Passed by Parliament
Bringing relief to scores of Indians aggrieved by bounced cheques, a bill permitting the filing of cases at the place where a cheque is presented for clearance and not the place of issue was approved by Parliament with the Rajya Sabha giving its nod on Monday.
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Bill Changing Law On Bounced Cheques Passed By Parliament
Bringing relief to scores of Indians aggrieved by bounced cheques, a bill permitting the filing of cases at the place where a cheque is presented for clearance and not the place of issue was approved by parliament with the Rajya Sabha giving its nod on Monday.
-
2-Day Strike By State-Run Bank Employees Ends, Services Hit Across India
Services like deposits and withdrawal at branches, cheque clearance and loan approvals remained paralysed due to the two-day strike. ATMs at different parts of the country went dry on the second day.
-
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.
-
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...
-
Public Bank Services May Take A Hit Today, Says Employee Union
Operations at private lenders such as ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank are expected to be normal
-
Banking Transactions May Be Hit By Nation-Wide Strike: 5 Things To Know
The United Forum of Bank Unions (UFBU) is an umbrella body of nine unions, including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW).
-
Cash Deposits, Withdrawals Hit As Bank Employees Go On Strike
Services like cash deposits and withdrawal from branches and cheque clearances have been hit hard by the strike, which has been called under the aegis of the United Forum of Bank Unions (UFBU).
-
Bank Strike Hits Operations, Clearance Of 40 Lakh Cheques Could Be Affected
The strike covers employees and officers in all public sector banks, including State Bank of India, all old-generation private banks, foreign banks, regional rural banks and cooperative banks.
-
Bank Strike Today; Cash, Cheque Transactions Hit
Top private lenders like ICICI Bank, HDFC Bank and Axis Bank however will continue to function normally but cheque clearing operations could be hit.
-
Bank Strike Tomorrow To Hit Normal Banking Operations
The functioning of private banks like ICICI, HDFC, Axis and Kotak Mahindra is expected to be normal except for delays in cheque clearance
-
Bank Employees Likely To Go For 1-Day Strike, Transactions Could Be Hit
All attempts to find solutions to the demands raised by the unions yielded no results and hence, UFBU decided to proceed with the proposed strike on February 28, said AIBEA General Secretary C H Venkatachalam.
-
Strike Hits Indian Banks, But Treasury Functions Normal
A nation-wide bank strike in India hit the public transactions like cheque clearances and cash deposits, but the vital treasury operations including a Rs 15,000 crore ($2.24 billion) government bond auction are unlikely to be affected, traders said.
-
Government Notifies New Norms to Deal With Cheque Bounce Cases
The government has notified the Negotiable Instruments (Amendment) Bill, 2015, which allows filing of cheque bounce cases in a court at the place where it was presented for clearance and not the place of issue.
-
Now File Cheque Bounce Cases Locally
People can now file cases related to cheque bounceat the place where the cheque is presented for clearanceand not at the place of issue, as per the new law which gotPresident Pranab Mukherjee's assent recently.
-
Bill Changing Law on Bounced Cheques Passed by Parliament
Bringing relief to scores of Indians aggrieved by bounced cheques, a bill permitting the filing of cases at the place where a cheque is presented for clearance and not the place of issue was approved by Parliament with the Rajya Sabha giving its nod on Monday.
-
Bill Changing Law On Bounced Cheques Passed By Parliament
Bringing relief to scores of Indians aggrieved by bounced cheques, a bill permitting the filing of cases at the place where a cheque is presented for clearance and not the place of issue was approved by parliament with the Rajya Sabha giving its nod on Monday.
