Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
The federation's secretary, said in a statement the Congress government before "distributed hundreds of crores" by organising loan melas and now the present government is on the same lines
Employees of public sector banks on Wednesday threatened to go on strike on June 27 to press for issues related to pension and the demand for five-days-a-week work. The United Forum of Bank Union (UFBU), 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), decided to go on strike. Their demands included updation and revision of pension for all pensioners and doing away with the national pension scheme and restore old pension scheme for all bank employees, AIBEA general secretary C H Venkatachalam said after the meeting of UFBU. AIBOC General Secretary Soumya Dutta said that about 7 lakh workers across the country would participate in the strike, if the government and management of banks are insensitive to the unions' demands. Banking operation may be impacted if the strike materalises.
Rai, 68, died on 15 May, after he lost the battle with cancer.
Bank employees union to go on a nation wide strike starting today, India plans to evacuate its citizens in Wuhan. Here're the top events of the day to keep an eye on
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
Heavy police deployment was seen in several areas of the city, including in Tollygunge, Behala, Esplanade and Jadavpur
In the Clearing Grids, about 28 lakh cheques worth about Rs 21,500 crore will not be cleared due to the strike
Some of the services like cash deposit and withdrawal at the counter and cheque clearances have been impacted due to the strike
The government has identified four state-run banks- Punjab National Bank, Canara Bank, Union Bank of India and Allahabad Bank for the merger process
Banking services were crippled across the country on Wednesday as nearly 1 million bank employees went on 2-day strike. The strike will continue today.