Bank strike: More participate on last day, services hit all over India
The second day of the two-day strike by bank employees saw more of participation, even as branch-level services continued to be hit, with less ATMs functional on Thursday.
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Bank News
Bank strike paralyses operations; Bengal, Kerala, Bihar among worst hit
Banking operations in the country remained paralysed on the first day of the two-day nationwide bank strike on Wednesday.
PSU bank staff go on two day strike; salary disbursement, ATM operation affected
Banking activities in public sector banks across the country have been interrupted as employees go on two-day nation-wide strike against the meagre 2% salary hike offered by the management.
Around 1 million bank employees to go on 2-day strike from Wednesday
Around 1 million bank employees will go on a two-day strike this Wednesday as the conciliation efforts by the Union government failed to convince bank unions to call off protests.
11th Bipartite Wage Revision for Bank Employees – UFBU circular on Wage revision talks
11th Bipartite Wage Revision for Bank Employees - UFBU circular on Wage revision talks: - Discussions on Medical Insurance Scheme, Wage increase etc
State Bank Of India Reports Record Loss Of $1.1 Billion In March Quarter
State Bank of India (SBI) reported a loss of Rs. 7,718 crore ($1.1 billion) - its biggest ever - in the January-March quarter, as the country's biggest lender set aside more provisions for bad loans…
11th Bipartite Bank Wage Revision Talks – Bank Strike planned
11th Bipartite Bank Wage Revision Talks - Bank Unions plans for various Agitational Programmes which culminates with All India Strike
Medical Insurance for Bank Employees – Constitution of committee
IBA may go back to Hospitalization Expenses reimbursement Scheme - Medical Insurance Scheme – Constitution of committee
Bank unions announce 48-hour strike from May 30
Over 10 lakh bankers in government and private banks will go on a 48-hour strike starting on May 30, said an All India Bank Employees Association (AIBEA) leader.
Outcome of 11th Bipartite Bank Wage Revision meeting on 05.05.2018
11th Bipartite Bank Wage Revision - Letter Addressed by UFBU to Govt - Discussions on Medical Insurance Scheme, Wage increase outcomes
11th Bipartite Bank Wage Revision – Letter Addressed by UFBU to Govt
11th Bipartite Bank Wage Revision - Ongoing wage Revision talks in Banking Sector - Letter Addressed to Govt by UFBU to instruct IBA to increase the offer
Bank Employees Strike over 11th Bipartite lower pay increase proposal – Massive Demonstration on 9th May 2018
Bank Employees Union plans for Massive Demonstrations on 9th May 2018 and 2 days strike by month end - AIBOA Secretariat
11th Bipartite Bank Wage Revision – Discussions held on 2nd May 2018
11th Bipartite Talks: Wage Revision Meeting at DFS on 2nd May 2018 - All India State Bank Officers' Federation Circular dated 03.05.2018
Revised DA for Bank Employees from May 2018 – Orders issued
Dearness Allowance for Workmen and Officer Employees in banks for the months of May, June & July 2018 under X BPS/ Joint Note dated 25.5.2015
Expected DA for Bank Employees from May 2018 to July 2018
Expected DA for Bank Employees from May 2018 to July 2018 - Working of percentage of rise wise / Slab wise DA calculations
Anomaly in computation of Pension – IBA Circular
Anomaly in computation of Pension – Anomaly in computation of Pension Civil Appeal No. 5525 of 2012, Filed in the Hon'ble Supreme Court of India by Bank of Baroda & Ors with other Civil Appeals.
Anomaly in computation of Pension – Supreme Court Judgement
Anomaly in Computation of Pension – Anomaly in computation of Pension Civil Appeal No. 5525 of 2012, Filed in the Hon`ble Supreme Court of India by Bank of Baroda & Ors with other Civil Appeals
RBI enjoys equal regulatory power over both private and public banks: Govt
The Union government has informed the Parliament that the regulations framed by the Reserve Bank of India (RBI) apply equally to both public and private sector banks.
Allahabad Bank slashes lending rates by 45 bps to lower EMIs for borrowers
Public sector lender Allahabad Bank has reduced the base rate and benchmark prime lending rate (BPLR) by 45 basis points each.
Pension option for Compulsorily Retired Bank Employees – IBA Instruction
Pension option for Compulsorily Retired Bank Employees - IBA Instruction for 2nd Option of Pension for Compulsorily Retired Officers/Employees