Strike is total, impacts all branches of PSU and private banks. Clearing operation at RBI also hit.
Over 210,000 officers and clerks of State Bank of India struck work demanding revision in pension payment, between 3-10 April.
Employees of public sector banks (PSBs) on Thursday went on two-day strike against the move to privatise public sector banks impacting normal banking operation across the country. Many branches across different parts of the country were shut as the United Forum of Bank Union (UFBU), an umbrella body of nine bank unions including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW) had given two day strike call. As a result, services such as deposits and withdrawal at branches, cheque clearance and loan approvals might be affected due to the strike. But ATMs are expected to function as usual.
The strike notices were given by workers' unions of various sectors such as coal, steel, oil, telecom, postal, income tax, copper, banks and insurance.
Even though staff below the officers rank is not participating in the strike, but activity in the country's largest lender and its associate banks will be affected.
About 1 million bank officers are expected to participate in the strike on May 30 and May 31
This is important because he is to be seen as a sure winner before criss-crossing the state to campaign for candidates of the party or an alliance, highlights N Sathiya Moorthy.
Union Finance Minister Nirmala Sitharaman will review the performance of regional rural banks (RRBs) after the Budget session of Parliament, according to two people familiar with the matter. The finance minister will review the performance of RRBs after August 13. The review will include discussions on enhancing the digital capabilities of RRBs, said a senior government official.
A bank employee from Rajasthan was shot dead on Thursday by terrorists in Kulgam district of Jammu and Kashmir, officials said.
'The Election Commission is conducting the National Register of Citizens in Bihar through the backdoor.'
Employees of the State Bank of India will go on a nationwide indefinite strike from April 3 to press for revision of their pension
rediffGURU Rohit Gupta, co-founder and COO of College Vidya, provides a list of competitive exams that can help you land a job in the public sector.
Vijay is counting on what was once proclaimed as his last filmi outing, Jana Nayagan, or 'People's Hero', to do the trick for him, when it releases on January 9, 2026, only months before the assembly poll, observes N Sathiya Moorthy.
It is to keep labour unions away and make the employees feel important.
Among other demands, the unions are also seeking immediate introduction of five-day week in full and reduction of cash transaction hours and regulated working hours.
However, the likely impact of strike may not be much excluding few areas, said SBI.
The current situation in Kerala politics is perhaps best described as a case of the state's traditional two front politics now seeing a third front (the BJP) muscling in with the potential outcome being either a messy three front affair or a renewed endorsement of the two front pattern but with one of the old fronts compromised or quashed, observes Shyam G Menon.
Retail inflation declined to over six-year low of 2.1 per cent in June, nearing the RBI's comfort zone, on account of subdued prices of food items, including vegetables, driven by widespread monsoon.
The finance ministry on Friday asked state governments to accord priority to employees of banks and insurance companies for Covid-19 vaccination, saying they are exposed to high risks during these difficult times.
Vice President V V Giri's resignation in 1969 triggered political upheavals that saw the ruling party defy its own presidential nominee, the expulsion of a sitting prime minister by her party president, and a historic split in the Indian National Congress, recounts Utkarsh Mishra.
State Bank of India staff all over the country will observe a strike on June 6 demanding security to their counterparts working under threat from insurgents in different parts of the militancy-affected north-east. The All India State Bank Officers' Federation has raised concerns that the SBI's staff posted in the north-east are being forced to work under constant threats from insurgents in different parts of the region, especially in Nagaland and Manipur.
On that fateful day, Narayan, popularly known as JP and a fierce critic of the then-Indira Gandhi government, addressed a massive gathering at the Ramlila Maidan in Delhi.
While acknowledging that they needed strong allies for a chance in the assembly polls, AIADMK cadres seemingly prefer actor-politician Vijay's Tamilaga Vettri Kazhagam to the BJP, owing to the latter's 'communal agenda' and consequent hardline Hindutva image, explains N Sathiya Moorthy.
'Mumbai main branch (SBI headquarter) has all the data ready-made. It doesn't take even an hour to out the data from the system.'
The all India strike would be observed by employees of State Bank of Patiala, State Bank of Travancore, State Bank of Mysore, State Bank of Hyderabad, State Bank of Indore and State Bank of Bikaner and Jaipur.
In 2025 alone, at least 50 suicides linked to online gambling losses have been reported across India. According to FIRs, the victims were addicted to betting, largely driven by cricket, rummy and poker.
A day after the RBI put in public domain a draft scheme of merger of Lakshmi Vilas Bank (LVB) with subsidiary of Singapore-based DBS, public sector banks' officer union AIBOC on Wednesday said the amalgamation is not in the national interest and demanded the consolidation with any PSB. The proposed amalgamation of the cash-strapped LVB with DBS Bank India seems to be a ploy to provide entry of foreign banks into the country in a big way, All India Bank Officers' Confederation (AIBOC) president Sunil Kumar said. The Indian banking sector provides huge opportunity for growth, so the foreign banks have been looking at inorganic route to expand their presence for long, he said.
'Maharashtra is virtually in a debt trap.'
Banks Board Bureau chief Vinod Rai has proposed performance-linked incentives for bank employees, but the staff unions are dead against the idea.
Banking operations including cheque clearance across the country got affected on Monday as bankers under the aegis of the United Forum of Bank Unions have gone on a nationwide strike to protest against the proposed privatisation of two state-owned lenders.
'In India, managers and the leadership almost glorify overworking.'
If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.
The central government has asked public sector undertakings to dissuade their employees from participating in the bandh.
Ahead of the Basant Panchami Amrit Snan at the Maha Kumbh, top officials are emphasizing the implementation of "zero error" directives to prevent a repeat of the deadly stampede that occurred during a previous snan. The Uttar Pradesh government has deployed senior IAS officers with experience in crowd management and inter-agency coordination to oversee the event.
The case against Balaji and his aides pertains to his tenure as the state transport minister in the All India Anna Dravida Munnetra Kazhagam government during 2011-15.
State Bank of India officers reported for work on Friday after deferring a plan to strike work and giving the management two weeks to accept their demands that included recruitment of more staff.
Customers will not be able to conduct transactions in banks for 4 days in a row as they will be closed from Thursday in many states.
Prime Minister Narendra Modi and Congress leaders Sonia Gandhi and Mallikarjun Kharge were among the top leaders who paid homage to former prime minister Manmohan Singh at his home in New Delhi on Friday.
'The intensity and frequency of heatwaves will be much higher than in previous years over Punjab, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Odisha.'
