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, 2019SBI 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, 2019If there are no buyers for the airline, then the bank dues have to be settled by the airlines first before making the final settlement to their employees.
April 22, 2019AIBEA 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, 2018The two major unions in the banking sector – All India Bank Employees’ Association (AIBEA) and All India Bank Officers’ Association (AIBOA) – on Friday announced sector wide strike on December 27 in support of wage revision in IDBI Bank. In a joint statement issued here, the two unions said they have been taking up...
November 24, 2017Central 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, 2017Around 10 lakh bankers will now go on strike on February 28 to demand recovery of bank loans that have since turned bad and action against wilful loan defaulters as well as solution to cash crunch post-demonetisation, a top union leader said on Tuesday. "Earlier, three unions had given the strike call. But now all...
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