India Bank Strike

Banking sector strike successful as several branches remain closed: AIBEA

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)

Maharashtra invokes MESMA barring power cos' employees from joining strike

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.

Mar 28-29 nationwide strike may partially impact banking services

Strikers demands include scrapping of labour codes, no privatisation of any form, scrapping of National Monetisation Pipeline

Two-day nationwide bank strike ends; services across country hit

The two-day nationwide bank strike called by United Forum of Bank Union ended on Friday, impacting normal operations across the country. Lakhs of employees of public sector banks were on strike to protest against the proposed privatisation of banks by the government. Banks will work as usual on Saturday, as it is a working day. United Forum of Bank Union (UFBU) is an umbrella body of nine bank unions, including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW). Services like deposits and withdrawal at branches, cheque clearance and loan approvals remained paralysed due to the two-day strike. ATMs at different parts of the country went dry on the second day. Government treasury operations, negotiating of import and export bills, grant of loans, cash transactions, etc. were not possible and clearing operations were affected. In the three clearing centres of Mumbai, Delhi and Chennai, about 3

Congress seeks statement from FM Sitharaman on strike by bank employees

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

Nationwide bank strike continues to impact PSB services on second day

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

Bank operations may be hit on Mon, Tue due to nationwide unions' strike

United Forum of Bank Unions (UFBU) has given a call for a nationwide strike to protest against the proposed privatisation of two state-owned lenders

Nationwide strike impacts banking services for second day at PSBs

However, private sector lenders like ICICI Bank and HDFC Bank were operational

PSU bank employees to go on two-day strike from Friday over wage revision

Earlier this week, a meeting with the Chief Labour Commissioner remained inconclusive, AIBOC President Sunil Kumar said

Bank unions may go on indefinite strike from Apr 1 on wage settlement delay

The bank unions have called for a nationwide strike demanding to expedite the process of wage settlement due since November 2017

Banking services take a hit as two employee unions call for strike

Cash deposit and withdrawal, and cheque clearances have been impacted due to the nationwide strike

Bank strike may hit transactions worth Rs 200 billion, says Assocham

Consequently, banking activities in public sector banks across the country have been interrupted

Banks on 2-day nation-wide strike from today: Here's how it will affect you

The two-day nationwide bank strike on May 30 and 31 will hit banking operations and might lead to cash-crunch across the country