Nation-wide Bank Strike

Close to nine lakh employees of various state-run banks will go on a two-day nation-wide strike beginning on Thursday

Services of public sector banks were impacted on Saturday as nation-wide strike by employee unions entered its second day.

A section of public sector bank employees have decided to go on a two-day strike on January 8 and 9 in support of a nation-wide strike call given by 10 central trade unions against the government's alleged anti-worker policy.

Branches of state-owned banks are shut on Wednesday on account of a nation-wide strike called by the United Forum of Bank Unions (UFBU) against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda. However, private sector banks, whose employees are not part of the UFBU, continue to function as usual. The UFBU, which is an umbr...

Services of state-owned banks are expected to be impacted on Wednesday due to a nation-wide strike call given by unions to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.

The two-day nation-wide bank strike ended today with nearly 80 lakh cheques in various public sector, old generation private sector, foreign and regional rural banks remaining uncleared, bank unions claimed.

Operations at private lenders such as ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank are expected to be normal

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).

Some of the other demands put forth by the unions include declaring wilful default of bank loans as criminal offence, implementation of the recommendations of Parliamentary Committee on recovery of NPAs.

Unions are also demanding publishing names of individuals who have defaulted in paying loans of Rs 1 crore and above so that stringent measures could be taken to recover bad loans.

Unfazed by nation-wide public sector bank strike, SBI chief Arundhati Bhattacharya on Friday said the merger of 5 associate banks and Bhartiya Mahila Bank with the state-owned lender should be over by next March.

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.

A nation-wide 24-hour strike called by 10 central trade unions on today crippled life in Left ruled Tripura.

Essential services like banking and public transport may be impacted today with ten central trade unions going ahead with their one-day nationwide strike, even as the government appealed to them for calling off the agitation, which BJP-backed BMS and NFITU decided to boycott.

The bank employee unions had been demanding revision in wages since a long time and in a latest move had they called upon a four-day nation-wide strike starting February 25.

Close to nine lakh employees of various state-run banks will go on a two-day nation-wide strike beginning on Thursday

Services of public sector banks were impacted on Saturday as nation-wide strike by employee unions entered its second day.

A section of public sector bank employees have decided to go on a two-day strike on January 8 and 9 in support of a nation-wide strike call given by 10 central trade unions against the government's alleged anti-worker policy.

Branches of state-owned banks are shut on Wednesday on account of a nation-wide strike called by the United Forum of Bank Unions (UFBU) against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda. However, private sector banks, whose employees are not part of the UFBU, continue to function as usual. The UFBU, which is an umbr...

Services of state-owned banks are expected to be impacted on Wednesday due to a nation-wide strike call given by unions to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.

The two-day nation-wide bank strike ended today with nearly 80 lakh cheques in various public sector, old generation private sector, foreign and regional rural banks remaining uncleared, bank unions claimed.

Operations at private lenders such as ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank are expected to be normal

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).

Some of the other demands put forth by the unions include declaring wilful default of bank loans as criminal offence, implementation of the recommendations of Parliamentary Committee on recovery of NPAs.

Unions are also demanding publishing names of individuals who have defaulted in paying loans of Rs 1 crore and above so that stringent measures could be taken to recover bad loans.

Unfazed by nation-wide public sector bank strike, SBI chief Arundhati Bhattacharya on Friday said the merger of 5 associate banks and Bhartiya Mahila Bank with the state-owned lender should be over by next March.

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.

A nation-wide 24-hour strike called by 10 central trade unions on today crippled life in Left ruled Tripura.

Essential services like banking and public transport may be impacted today with ten central trade unions going ahead with their one-day nationwide strike, even as the government appealed to them for calling off the agitation, which BJP-backed BMS and NFITU decided to boycott.

The bank employee unions had been demanding revision in wages since a long time and in a latest move had they called upon a four-day nation-wide strike starting February 25.