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bank strike

Bank holidays in March 2020: ALERT! 19 days of no work! Account holders should rush to get work done

Bank holidays in March 2020: ALERT! 19 days of no work! Account holders should rush to get work done

Fri, Feb 28, 2020

Bank holidays in March 2020: March 2020 will have 16 bank holidays in different states and a three-day strike called by workers' unions demanding pay revision; this will be the third strike in three months

Bank strike in March 2020: Alert! Banks may be closed for FIVE days

Bank strike in March 2020: Alert! Banks may be closed for FIVE days

Tue, Feb 11, 2020

Bank services will be hit next month as a nationwide bank strike has been declared. A two-day bank strike was held by the Bank Employees Federation of India (BEFI) and the All India Bank Employees’ Association (AIBEA) on January 31 and February 1, affecting several services and customers.

Bank Strike in Jan 2020 latest news: SBI, other banks to go on 2-day strike; banks closed for 3 days, effectively

Bank Strike in Jan 2020 latest news: SBI, other banks to go on 2-day strike; banks closed for 3 days, effectively

Thu, Jan 30, 2020

Bank Strike in Jan 2020: Just ahead of Budget 2020 presentation, all government banks have announced they will go on 2-day nation-wide strike from January 31st. Effectively banks will be closed for 3 days.

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Bank strike on Dec 21: Will ATMs be impacted?

Bank strike on Dec 21: Will ATMs be impacted?

Wed, Dec 19, 2018

ATM operations on December 21 during the bank strike called by All-India Bank Officers Confederation (AIBOC) may remain unaffected, an official of the association said Wednesday.

Bank strike: Across India, banks to be closed for 5 days! Hurry, get you work done by this date

Bank strike: Across India, banks to be closed for 5 days! Hurry, get you work done by this date

Thu, Dec 13, 2018

The AIBOC, which announced 21st December strike on the issue of wage revision in 11th bipartite settlement, is demanding salary revision as per charter of demands, 5 days week banking, full mandate for officers up to Scale VII, stopping sales of third party products and scrapping of NPS.

Trouble for Bank of Baroda-Dena Bank-Vijaya Bank merger: Unions announce strike; Check date, details

Trouble for Bank of Baroda-Dena Bank-Vijaya Bank merger: Unions announce strike; Check date, details

Sun, Dec 02, 2018

All unions under UFBU will participate in this strike call, said Ashwani Rana, vice president of the National Organization of Bank Workers.

Banks closure: Finance Ministry dismisses rumours, says banking activity will continue

Banks closure: Finance Ministry dismisses rumours, says banking activity will continue

Fri, Aug 31, 2018

A Finance Ministry statement said, "It is hereby clarified that banks will remain open and banking activity will continue unimpeded in the first week of September. Banks will only observe holidays on Sunday, September 2, and second Saturday, September 8."

Banks to remain open in first week of September

Banks to remain open in first week of September

Fri, Aug 31, 2018

The WhatsApp message on bank holidays, which went viral, claimed that banks would remain closed from September 2 to 5 and then from September 8 to 9 for the weekend, a total of six days in the first week of September.

Bank strike? IDBI Bank threatens protest from next Monday; Share price plunges 7%

Bank strike? IDBI Bank threatens protest from next Monday; Share price plunges 7%

Fri, Jul 13, 2018

IDBI Bank share price tanked as much as 7.19 per cent to Rs 52.25 on the BSE. The stock had rallied over 18 per cent between last week on Friday and Wednesday.

Bank strike: Banking transactions worth around Rs 43,400 crore hit

Bank strike: Banking transactions worth around Rs 43,400 crore hit

Fri, Jun 01, 2018

Banking operations across India were crippled for the second successive day owing to the strike by over 10 lakh bank employees demanding an early wage settlement, said the unions.

Bank strike today: Unbelievable, the whopping amount of transactions that were hit

Bank strike today: Unbelievable, the whopping amount of transactions that were hit

Wed, May 30, 2018

"The strike call evoked good response. About 85,000 bank branches, including that of State Bank of India (SBI) and some private banks, spread across the country were closed," C.H. Venkatachalam, General Secretary, All India Bank Employees` Association (AIBEA), said.

Bank strike today: Staff wants pay hike, starts protest; your financial life set to get hit

Bank strike today: Staff wants pay hike, starts protest; your financial life set to get hit

Wed, May 30, 2018

Bank strike today: Banking activities in the public sector banks across the country have gone for a toss as the employees have gone on a two-day nationwide strike, against the meager offer of a 2 per cent salary hike offered by the management - Indian Banks Association.

Bank strike today: Your salary may not get credited, ATMs set to run dry

Bank strike today: Your salary may not get credited, ATMs set to run dry

Wed, May 30, 2018

Bank strike today: In the meeting between both parties, held as far back as May 5, the IBA had offered 2 per cent pay hike, which was rejected outright by the unions. "The IBA representative said that they will consider revised offer but requested the UFBU to quantify the demand," All India Bank Employees Association (AIBEA) general secretary C H Venkatachalam said.

Bank strike May 2018: Services may be hit by 2-day protest

Bank strike May 2018: Services may be hit by 2-day protest

Tue, May 29, 2018

Bank strike May 2018: AIBOC general secretary D T Franco said the UFBU leaders conveyed their grievance, including that there is inordinate delay, an offer of 2 per cent was not in good taste and the practice of wage negotiation for officers up to Scale VII -- which has been the practice -- has to continue.

Banks to be closed for next 2 days? Employees set to go on strike; Watch video

Banks to be closed for next 2 days? Employees set to go on strike; Watch video

Tue, May 29, 2018

According to reports, the Indian Banks Association (IBA) proposed a two per cent revision in wages for employees of public sector banks, but the unions refused to accept the proposal. The strike call has been given by the UFBU, a representative body of nine bank unions, following the government’s reported casual approach to wage revision for bank employees/officers and IBA’s delay in resolving charter of demands.

From cheque clearance to cash deposits, banking services to hit as 10 lakh PSU bankers strike today

From cheque clearance to cash deposits, banking services to hit as 10 lakh PSU bankers strike today

Tue, Aug 22, 2017

Employee unions under United Forum of Bank Unions (UFBU) has called for today's bankers strike.

Banks to go ahead with August 22 nationwide strike

Banks to go ahead with August 22 nationwide strike

Wed, Aug 16, 2017

The United Forum of Bank Unions (UFBU) on Wednesday declared that their nationwide strike call for August 22 stands as the talks with the Indian Banks` Association (IBA) in Mumbai have failed. The Forum is an umbrella body of nine unions in the Indian banking sector.

Indices open flat ahead of GDP data; ONGC, Idea in focus

Indices open flat ahead of GDP data; ONGC, Idea in focus

Tue, Feb 28, 2017

On Monday, BSE Sensex closed at 28,812.88, down 80.09 points or 0.28%.

Bad bank a bad idea, bankers to strike work today

Bad bank a bad idea, bankers to strike work today

Tue, Feb 28, 2017

The Economic Survey 2016-17 has suggested the establishment of a "bad bank" to deal with the non-performing assets (NPA) or bad loan issue.

Bank strike likely on Feb 28, may dent services

Bank strike likely on Feb 28, may dent services

Sun, Feb 26, 2017

Most of the banks, including SBI, PNB and BoB, have already informed their customers that functioning of branches and offices will be impacted if the strike takes off.

Supply adequate cash or face agitation, bank union warns RBI

Supply adequate cash or face agitation, bank union warns RBI

Thu, Dec 08, 2016

"The RBI is testing our patience," C.H.Venkatachalam added.

6 public sector bank employees to join trade union strike on Sept 2

6 public sector bank employees to join trade union strike on Sept 2

Thu, Sep 01, 2016

Banking operations are likely to be hit on Friday as employees of six public sector banks have decided to join the stir that has been called by central trade unions to protest against "anti-labour policies" of the government.

Coal India workers to go on nationwide strike on September 2

Coal India workers to go on nationwide strike on September 2

Sat, Aug 20, 2016

Coal India workers will go on a nationwide strike on September 2 to mark their protest against further divestment and strategic sale in the sector.

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