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PSU banks staff strike work for second day07-AUG-09
Employees of state-run banks continued their strike demanding higher wages for the second day today, hitting bulk cash and current account transactions, even as ATMs began running dry across the country.
Bank strike hits cash, forex deals07-AUG-09
Trading volumes in the bond, foreign exchange and money markets and normal branch operations were adversely affected On Thursday as bank employees began their two-day strike On Thursday demanding higher wages and pension. However, the government’s Rs 12,000-crore bond auction is expected to go through smoothly.
PSU bank staff strike: Services hit in Andhra06-AUG-09
Banking operations across Andhra Pradesh were hit today as employees of public sector banks struck work in protest against non-fulfillment of their long-pending demands on wage hike and pension options among others.
Bank employees begin 2-day nationwide strike06-AUG-09
Employees of public sector banks across the country are striking work for two days from today to push for wage hike, among other demands.
Bank staff to go on 2-day strike from August 616-JUL-09
Public sector bank employees have called for a two-day strike on August 6 and 7. The decision was taken in the backdrop of failed talks between the United Forum of Bank Unions (UFBU) and Indian Banks’ Association (IBA) on wage revision.
Govt cap on wage hike may derail IBA-unions talks19-JUN-09
The wage revision talks between the United Forum of Bank Unions (UFBU), an umbrella body of bank employees’ organisations, and the Indian Banks’ Association (IBA) have hit a hurdle after the government asked IBA to offer an increase of only up to 15 per cent instead of the 17 per cent indicated earlier.
Bank unions defer June 12 strike10-JUN-09
The propsed strike on June 12 by public sector bank employees was deferred today after a breakthrough was achieved in the talks between the United Forum of Bank Unions (UFBU) and Indian Banks Association (IBA). The strike was called by UFBU, the umbrella organisation of 9 unions representing bank employees, over the issues of wage revision and pension option.
Bank employees to go on nationwide strike on June 1209-JUN-09
Employees of state-owned banks have threatened to go on one-day nationwide strike on June 12 to press their demands for immediate wage settlement with adequate increase in wages and another opportunity to opt for pension scheme for bank staff.
UFBU blames IBA for failure of talks on wage rise08-JUN-09
The United Forum of Bank Unions (UFBU) has blamed Indian Banks Association (IBA) for failure of talks on their demand of wage revision for about 9 lakhs bank employees and officers across the country.
Banks should review loan policy towards MSMEs: RBI05-JUN-09
The RBI on Thursday asked banks to review their loan policy towards micro, small and medium enterprises (MSMEs), badly hit by the economic slowdown. “One has to be sensitive to the sector and put in a revised policy,” RBI Deputy Governor Usha Thorat said in her address at a conference here.
Bank staff to go ahead with June 12 strike05-JUN-09
Bank employees belonging to nine unions have decided to go ahead with their one-day strike on June 12, after their talks with Indian Banks Association (IBA) failed on Thursday.
Govt bank staff threaten strike on June 1201-JUN-09
Around 800,000 employees of public sector banks would strike work on June 12 over wage revision and pension issues.
Govt bank staff plan to strike work on June 1228-MAY-09
Around 800,000 employees of public sector banks are planning to strike work on June 12. The strike has been called by the United Forum of Bank Unions (UFBU) over wage revision and pension issues.
Bank employees to go on strike from June 1215-MAY-09
Around nine lakh bank employees will go on strike from June 12 in support of their demand for wage revision.
Bank unions to decide next move on March 502-MAR-09
With the ninth bipartite wage settlement of bank employees ending inconclusively and the Union finance minister not giving any concrete assurance on revision of salaries, the United Forum of Bank Unions (UFBU), an umbrella organisation of nine bank unions in India, has decided to meet in Chennai on March 5 to decide its future course of action.
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