Tag: Bank Strike

Banking services were partially affected due to nationwide strike

Banking services were partially affected in the country in response to a nationwide strike called for today and tomorrow by the All India Bank Employees Association (AIBEA) to protest the privatisation of public sector banks. Various banks had informed their customers about the disruption in services due to the strike. The impact of the strike...

March 28, 2022

Clearance of 38 lakh cheques worth Rs 37,000 cr affected by bank strike

According to him, the only issue being confronted with the PSBs was that of huge Non-Performing Assets (NPAs) in which the major share was that of big corporates.

December 17, 2021

Government is ‘privatising profit and nationalising loss’, says Rahul Gandhi

The Congress has extended support to the two-day nationwide bank strike on March 15 and 16 against the privatisation of public sector banks and banking reforms.

March 16, 2021

2nd day of bank’s nationwide strike continues to affect banking services

United Forum of Bank Unions (UFBU), an umbrella body of nine unions, had given a strike call for March 15 and 16.

March 16, 2021

2-day nationwide strike affect banking services. All you need to know

The UFBU has called for a pan-India strike on March 15-16. It has claimed that about 10 lakh bank employees and officers of the banks are participating in the strike.

March 15, 2021

Bank services may get affected during two-day nationwide strike

The unions said they would reconsider their strike call if the government agrees to reconsider their decision to privatise public sector banks.

March 11, 2021

2-day strike may affected banking services later this month: Canara Bank

A host of bank unions have given a call for strike on March 15-16.

March 4, 2021

Bank strike

Fifty-two years after the nationalisation of banks, the contentious issue is privatisation of two banks, as proposed in the Budget 21-22, that was presented in the Lok Sabha on February 1 by finance minister Nirmala Sitharaman.

February 12, 2021

PSU Banking operations partially affected due to one-day strike

"In the process, 75 per cent of workers are being pushed out of the orbits of labour laws since they will have no legal protection under the new enactment," he said.

November 26, 2020

Your bank may open only for three days next week due to bank strike and other holidays

Earlier, bank unions had threatened to go on three-day strike, starting from March 11, but it was cancelled.

March 17, 2020

5 Bank unions to go on day-long strike on Wednesday; Bank services, ATMs may be affected

These unions including AIBEA, AIBOA, BEFI, INBEF and INBOC, are demanding a pay hike beside a uniform five-day week.

January 7, 2020

Bankers, Insurers to go on nationwide strike on January 8

Like the trade unions, bank unions too are protesting against government’s labour policies and demanding for a hike in their salaries along with other benefits.

January 4, 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

Banks and No Banking

In the event, the singular achievement is the five-day break ~ or nearly so ~ in the season of jollity. It beggars belief that for all the proud boasts of growth and development, the country has to make do without banking for close to a week. That very thought would be anathema in any civilised society.

December 23, 2018

Bank strike results in holidays on December 21, 22, 23, 25, and 26

In view of the situation, banks are making arrangements to ensure that customers don't face any major problems during this period and extra cash is already being dispatched to ATMs to maintain the cash flow.

December 20, 2018

Attention! Bank holiday and strike might keep banks closed for five days starting December 21

Banks would be closed on Friday, December 21, on account of a strike called by the All India Bank Officers Confederation (AIBOC). December 22 is the fourth Saturday of the month which is the official off for the banks followed by December 23 which is a Sunday.

December 20, 2018