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"Insult To Citizens": N Sitharaman On Rahul Gandhi's Public Bank Remarks
Finance Minister Nirmala Sitharaman termed the allegation of Leader of Opposition Rahul Gandhi against state-owned banks a "misrepresentation of facts" and an "insult to the hardworking employees and to the citizens".
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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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No State-Run Bank Staff Found Involved In ABG Shipyard Case: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said no public sector bank employees were found to be involved in the Rs 14,349 crore bank fraud by ABG Shipyard Ltd (ABGSL), and CBI has registered a case against the company and its directors last month.
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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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Public Sector Bank Forced To Withdraw Navratri Dress-Code Order Amid Uproar
A public sector bank was forced to withdraw a dress code circular for its employees for the Navratri celebrations after a strong protest from the bank employees' union and censure on social media.
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Government Hikes Pension Payouts For Families Of Bank Employees To 30%
The contribution of employer (public sector banks) in the National Pension Scheme (NPS) for employee pensions is also hiked to 14 per cent from the earlier 10 per cent.
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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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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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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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Nationwide Bank Strike On September 26, 27 Against Mergers
Around four lakh bank employees across the country are set to go on a strike on September 26-27 to protest against the merger of public sector banks.
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Bank Mergers Won't Lead To Job Losses, Nirmala Sitharaman Assures
Union Finance Minister Nirmala Sitharaman today calmed apprehensions of job loss following the merging of public sector banks, saying it would not lead to any. "I have very clearly underlined the fact that there shall not be one employee removed, not at all," she told reporters in Chennai two days after announcing that 27 state-run banks will be me...
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Bank Merger Will Not Help Recover Bad Loans: All India Bank Employees' Association
The government on Friday announced a mega plan to merge 10 state-run public sector banks into four large entities to address economic concerns.
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"Insult To Citizens": N Sitharaman On Rahul Gandhi's Public Bank Remarks
Finance Minister Nirmala Sitharaman termed the allegation of Leader of Opposition Rahul Gandhi against state-owned banks a "misrepresentation of facts" and an "insult to the hardworking employees and to the citizens".
-
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.
-
No State-Run Bank Staff Found Involved In ABG Shipyard Case: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said no public sector bank employees were found to be involved in the Rs 14,349 crore bank fraud by ABG Shipyard Ltd (ABGSL), and CBI has registered a case against the company and its directors last month.
-
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.
-
Public Sector Bank Forced To Withdraw Navratri Dress-Code Order Amid Uproar
A public sector bank was forced to withdraw a dress code circular for its employees for the Navratri celebrations after a strong protest from the bank employees' union and censure on social media.
-
Government Hikes Pension Payouts For Families Of Bank Employees To 30%
The contribution of employer (public sector banks) in the National Pension Scheme (NPS) for employee pensions is also hiked to 14 per cent from the earlier 10 per cent.
-
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...
-
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...
-
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 ...
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Nationwide Bank Strike On September 26, 27 Against Mergers
Around four lakh bank employees across the country are set to go on a strike on September 26-27 to protest against the merger of public sector banks.
-
Bank Mergers Won't Lead To Job Losses, Nirmala Sitharaman Assures
Union Finance Minister Nirmala Sitharaman today calmed apprehensions of job loss following the merging of public sector banks, saying it would not lead to any. "I have very clearly underlined the fact that there shall not be one employee removed, not at all," she told reporters in Chennai two days after announcing that 27 state-run banks will be me...
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Bank Merger Will Not Help Recover Bad Loans: All India Bank Employees' Association
The government on Friday announced a mega plan to merge 10 state-run public sector banks into four large entities to address economic concerns.
