Banks Strike

A three-day public sector bank strike at the end of September could reduce life insurers' business through the bancassurance channel by 10-15 per cent, industry officials say

RBI has approved opening of all bank branches, offices, ATM-linked branches and currency chests on September 27 to prevent a potential five-day disruption

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

Road transport workers in Haryana began their strike by picketing at depots from Monday onwards

In West Bengal, normal life was hit with protesters blocking roads and stopping movement of trains at some stations

Employees of public sector banks went on two-day strike against the move to privatise public sector banks impacting normal banking operation across the country

State-owned lenders will hold meetings with Non-Banking Financing Companies--or shadow banks--and new retail customers in 200 districts till September 29 to explore giving credit

AIBEA general secretary C H Venkatachalam alleged the merger of public sector banks would mean closure of six banks

Various rounds of wage negotiations between banks and unions have failed to make headway