Bank Unions' Strike

The United Forum of Bank Unions called for the strike after negotiations with the Indian Banks' Association (IBA) failed to yield desired results

The United Forum of Bank Unions (UFBU) on Thursday said its two-day nationwide strike on March 24 and 25 will be observed as scheduled since discussions with the Indian Banks' Association (IBA) over key demands failed to yield any positive outcome. In a meeting with the IBA, all UFBU constituents raised issues, including recruitment in all cadres and a five-day workweek. Still, the key issues remained unresolved, National Confederation of Bank Employees (NCBE) General Secretary L Chandrasekhar said. The UFBU, an umbrella body of nine bank employees' associations, earlier announced the strike to press for these demands which included filling up the workmen and officer director posts in public sector banks. The unions have also sought the withdrawal of recent directives from the Department of Financial Services (DFS) regarding performance reviews and performance-linked incentives, alleging that such measures threaten job security and create employees. The UFBU has further opposed wha

Demands include fresh recruitment at all levels and a five-day work week, says umbrella group of unions

Bank officers' union AIBOC on Thursday threatened to go on a nationwide strike on February 24-25 to press for their various demands, including a 5-day work week and adequate recruitment in all cadres. Besides, the union has demanded immediate withdrawal of the recent directives of the Department of Financial Services (DFS) on performance review and PLI, which threaten job security and create division amongst employees. It further pitched to fill the post of workmen/officer directors in public sector banks and resolution of pending residual issues with IBA. In a statement, All India Bank Officers' Confederation (AIBOC) said it has been proposed by the executive committee to go for a two-day nationwide strike, tentatively scheduled for February 24-25, 2025. If required, more stringent actions may follow. Agitation programmes will start soon after the notice of the strike is served this month. The union alleged that micro-management of PSBs on policy matters by the DFS undermining th

A 6-day nationwide strike has been planned by the All-India Bank Employees Association (AIBEA). Here are the bank holidays that the RBI has declared for December 2023

Another round of talks is scheduled to be held on January 31 between the Indian Banks Association (IBA) and the bank unions to iron out the issues

The decision was taken at a meeting of UFBU held in Mumbai on Thursday

The All India Bank Officers' Confederation (AIBOC) has alleged violation of HR practices by foreign lender Standard Chartered Bank and submitted a detailed memorandum requesting the bank's CEO for immediate remedial measures. The union also alleged that the bank is delaying in recognising Association of Standard Chartered Bank Officers (Kolkata) ASCBO despite several reminders. The right to form association/union is a fundamental right enshrined under Article 19 (1) (C) of the Constitution of India, and any attempt to disavow and thwart the fundamental rights of members of ASCBO will not be condoned by AIBOC, the memorandum said. "The obsolete pay scales and the unsettled service conditions beckons for an overhaul...it is imperative to approve fair and appropriate service conditions for the officers, in consonance with the industrial norms and practices," it said. AIBOC general secretary Soumya Datta urged the management of Standard Chartered Bank to initiate dialogue with the ASCB

As per the agreement with IBA, the negotiation talks on various pending issues would begin on July 1

The two-day nationwide strike by central trade unions to protest against the government policies entered its second day on Tuesday, impacting normal life in some parts of the country.

Hours after the Kerala HC directed the Left administration in the state to take steps to prevent its employees from abstaining from duty as part of strike, the government on issued a 'dies-non' order.

A spokesperson for the city mayor said about 90% of buildings in Mariupol had been damaged and about 40% had been destroyed

The two-day nationwide strike called by trade unions against the central government's policies affected the banking services and production of coal and steel in Telangana and Andhra Pradesh

As many as 10 central trade unions (CTUs) have joined hands for the strike and they claim the support of about 20 crore workers

Around 8,000 workers of Rashtriya Ispat Nigam Ltd (RINL) did not report for work on Monday, affecting production at the company's 7.5 million tonnes-steel plant in Visakhapatnam, Andhra Pradesh.

The first day of the two-day strike in the banking sector was successful with several branches across the country remaining closed, said All India Bank Employees' Association (AIBEA)

Banking services were partially impacted on Monday as a section of bank employees did not report for duty in support of the two-day nationwide general strike called by central trade unions.

The Maharashtra government on Sunday invoked the Maharashtra Essential Services Maintenance Act (MESMA) barring employees of state-run electricity companies from joining the nationwide protest.

'This is yet another milestone in our fight against COVID-19, Covovax is now WHO approved for emergency use, showing excellent safety and efficacy,' tweets Serum CEO

United Forum of Bank Unions convener Mahesh Mishra on Thursday said the government wants to pass the Banking Reforms Bill in the current session of Parliament, paving the way for privatisation