In the budget speech of 2021, Union Finance Minister Nirmala Sitharaman had said that two public sector banks will be privatised during the current fiscal
All India Bank Officers Confederation (AIBOC) on Monday said it will hold a protest programme against the government's move to privatise public sector banks (PSBs) in Delhi later this month
The two-day pan-India bank strike ended today, with the disruption in services including cash withdrawals, deposits, loan disbursements and cheque clearances hitting customers hard across Maharashtra.
The Congress on Tuesday asked the government to accept the demands of the nine unions of public sector banks (PSBs) that are on a two-day strike
The opposition Congress on Tuesday demanded that the finance Minister make a statement to address concerns expressed by 13 lakh bank employees, who are on a two-day nationwide strike
Taking a dig at the government, Congress leader Rahul Gandhi on Tuesday alleged that selling public sector banks to "cronies" will compromise the country's financial security
Bank strike continued for day-two on Tuesday, led by nine unions of public sector banks (PSBs) in the country, opposing government's policy to privatise the lenders
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A nationwide strike called by the United Forum of Bank Union in protest against privatisation of the government banks has begun
Banking operations including cheque clearance across the country got affected on Monday as bankers under the aegis of the UFBU have gone on a nationwide strike
The near 10 lakh bank employees are protesting against govt's decision to privatise a few state-owned banks
Apart from AIBEA, other bank unions - AIBOA, BEFI, INBEF, AIRBEA, AIRBWF, Unions in RRBs, Unions in co-operative banks also joined the strike
Banking operations across the country may be impacted on Thursday as some bank unions would be joining the one-day nationwide strike called by central trade unions
However, private sector lenders like ICICI Bank and HDFC Bank were operational
Private sector lenders like ICICI Bank and HDFC Bank were working as usual.
Earlier this week, a meeting with the Chief Labour Commissioner remained inconclusive, AIBOC President Sunil Kumar said
With branches in remote villages, the staff has to work under great hardships, sacrificing work-life balance
The bank unions have called for a nationwide strike demanding to expedite the process of wage settlement due since November 2017
After the two-day strike, bank unions are planning to hold a three-day strike from March 11 to 13 and indefinite strike from April 1 onwards