Tag: AIBEA

Bank services will be affected on Nov 19 as AIBEA members to strike against targeted victimization

All India Bank Employees Association (AIBEA) is going on strike in protest against the targeted victimization of bankers for being active in the union as per the members. 

October 25, 2022

Central Bank of India staff on strike protesting against vindictive mass transfers

Protesting against the vindictive transfers, employees of listed Central Bank of India began their two-day strike on Monday, said a top official from the All India Bank Employees' Association (AIBEA).

September 19, 2022

Bank union seeks fixing limits for cheque bounce

The Department of Financial Services (DFS), Ministry of Finance while calling for views of the stakeholders on the penal provisions of various laws listed by it reasoned that decriminalisation of minor offences is one of the thrust areas of the government.

June 15, 2020

Banking operations affected due to nationwide strike by employees

Six important nationalized banks i.e. Andhra Bank, Allahabad Bank, Corporation Bank, Syndicate Bank, Oriental Bank of Commerce, and United Bank of India, were closed down.

October 22, 2019

Bank Unions Strike: Bank services likely to be hit on Oct 22, SBI to work without intervention

SBI customers can take a sigh of relief as the bank had said that the strike will not affect its working as the majority of its employees are not members of the two unions.

October 21, 2019

Bank strike likely across India on January 8 and 9 against govt’s ‘anti-worker’ policies

Ten central trade unions -- INTUC, AITUC, HMS, CITU, AIUTUC, AICCTU, UTUC, TUCC, LPF and SEWA -- have also called for a nationwide general strike on January 8 and 9 against what they call "anti-people" policies of the Centre.

January 6, 2019

Urjit Patel Resignation: A dangerous trend, government intimidating RBI, says AIBEA

AIBEA General Secretary CH Venkatachalam said, "The resignation of RBI Governor Urjit Patel is quite shocking and disturbing. The reasons for his resignation are obvious and signal a dangerous trend that institutions like RBI are no longer independent."

December 11, 2018

Bankers may strike work against FRDI Bill

Opposing the Financial Resolution and Deposit Insurance (FRDI) Bill, the All India Bank Employees Association (AIBEA) has said it is planning a strike if the Centre proceeds on the proposed legislation. In a statement issued late on Monday, the AIBEA said: “The Bill has created widespread fear, apprehension and panic amongst the depositors that the government...

December 12, 2017

`Reduction in clerical staff hiring in banks is part of a design’

Central government owned banks’ plan to hire 7,883 clerical staff next fiscal is inadequate when compared to the growth in business and the number of accounts, said a top leader of All India Bank Employees’ Association (AIBEA). “This seems to be a part of a design to reduce the intake of clerical staff. Despite growth...

September 27, 2017

IDBI Bank employees to strike work on April 12

Around 15,000 IDBI Bank employees would strike work on April 12, demanding a wage revision, the All India Bank Employees' Association (AIBEA) announced on Saturday. In a circular to its members, the AIBEA said the wage revision settlement in IDBI Bank for employees and officers is due from November 2012. "The government and the management (of IDBI...

April 1, 2017

Banks to remain closed on April 1

Reversing its earlier order, the Reserve Bank on Wednesday said the bank branches dealing in government businesses need not remain open on April 1 in view of the annual closing business. In its earlier directive on March 24, the RBI had asked all authorised banks to be open on all days from March 25 to...

March 29, 2017

Spell out MoU terms for capital infusion: AIBEA to banks

The All India Bank Employees' Association (AIBEA) will decide on signing the tripartite MoU with the government and bank management after knowing its contents, a top leader said on Saturday. Contrary to its earlier stand of infusing fresh capital in strong banks, the central government has decided to infuse fresh capital totalling Rs.8,586 crore into...

March 25, 2017

Centre to infuse Rs.8,586 cr capital in 10 weak banks

Contrary to its earlier stand of infusing fresh capital in strong banks, the central government has decided to infuse fresh capital totalling Rs.8,586 crore into 10 weak banks subject to commitment to quarterly milestones by bank boards, management, employees and unions, said a top leader of All India Bank Employees' Union (AIBEA). He also said...

March 19, 2017

IDBI Bank employees to strike on Monday

Employees of the IDBI Bank will strike on Monday pressing demands like wage revision, opposing out sourcing and others, said a top leader of All India Bank Employees' Association (AIBEA). "The conciliation meeting was held in Mumbai for the past three days but despite the reasonable stand of the Union (All India IDBI Employees Association)...

February 5, 2017