News for 'Bank Union'

Now Azaadi slogans are being heard in PoK: Shah

Now Azaadi slogans are being heard in PoK: Shah

Rediff.com15 May 2024

Shah said the present Lok Sabha elections are about "choosing between corrupt leaders of INDI alliance and honest politician Narendra Modi, who despite being Chief Minister and then Prime Minister never had an allegation of single paisa against him."

Annapurna Devi succeeds Smriti Irani as women and child development minister

Annapurna Devi succeeds Smriti Irani as women and child development minister

Rediff.com10 Jun 2024

With challenges such as raising the legal age of marriage for women, combating malnutrition among women and children, and addressing women's safety issues, the new ministers face a formidable agenda.

Can't name all states, says FM as Opposition walks out

Can't name all states, says FM as Opposition walks out

Rediff.com24 Jul 2024

The Indian National Developmental Inclusive Alliance (INDIA) parties, led by the Congress, staged a walkout from both Houses of Parliament on Wednesday, in protest against all states except two being 'ignored' in the budget, an allegation termed 'outrageous' by Finance Minister Nirmala Sitharamanm, who said all the states never found a mention in any of the previous budgets, including those presented by the Congress.

Pvt sector bank officers form union; to join Sept 2 strike

Pvt sector bank officers form union; to join Sept 2 strike

Rediff.com17 Aug 2015

The All India Bank Officers Association (AIBOA) on Monday said it has launched a wing to deal with issues faced by those working for private sector lenders.

Revealed: Our Banks' Financial Health

Revealed: Our Banks' Financial Health

Rediff.com12 May 2022

We'll need to wait a couple of years to see how many restructured loans turn bad and whether some banks fall victim to their obsession for growth, explains Tamal Bandyopadhyay.

Modi 3.0: Focus Shifts To Governance

Modi 3.0: Focus Shifts To Governance

Rediff.com7 Oct 2024

'It would be reasonable to assume that Modi 3.0 would be more focused on projects and schemes which do not require any legislative change or which have the support of its coalition partners,' asserts A K Bhattacharya.

'We Are Voting For The Next Chief Minister'

'We Are Voting For The Next Chief Minister'

Rediff.com27 Sep 2024

A land-owning class, the Jats are a powerful community and account for 28 per cent of Haryana's population. The time, they believe, has now come for them to take revenge.

Govt to set up e-comm hubs to promote exports

Govt to set up e-comm hubs to promote exports

Rediff.com23 Jul 2024

The government on Tuesday announced setting up of hubs to promote exports through e-commerce medium in public-private-partnership (PPP) mode and initially 10-15 hubs will be established. Finance Minister Nirmala Sitharaman said that these hubs, under a seamless regulatory and logistic framework, will facilitate trade and export-related services under one roof. "To enable MSMEs (micro, small and medium enterprises) and traditional artisans to sell their products in international markets, e-commerce export hubs will be set up in PPP mode," she said.

Banks Made Profits of Rs 1.57 Trillion!

Banks Made Profits of Rs 1.57 Trillion!

Rediff.com13 Sep 2022

If the banks throw caution to the winds for building loan books, the hydra-headed bad loans may resurface and spoil the party, warns Tamal Bandyopadhyay.

'I Never Take My Opponent's Name'

'I Never Take My Opponent's Name'

Rediff.com30 May 2024

'Even last time, when I defeated Shatrughan Sinha, I did not take his name.'

Cong leader clarifies 'Rs 2 lakh for two wives' remark

Cong leader clarifies 'Rs 2 lakh for two wives' remark

Rediff.com11 May 2024

Former Union minister and Congress' Lok Sabha candidate from Ratlam in Madhya Pradesh, Kantilal Bhuria, who has courted a controversy with his 'two wives' remark, has clarified that he passed the comment sarcastically in response to a tribal man's query.

Banking services affected as PSU employees go on strike

Banking services affected as PSU employees go on strike

Rediff.com12 Nov 2014

The staff of public sector banks had gone on a nationwide strike for two days beginning February 10 after discussions with the IBA failed.

Job squeeze? Union Bank and Cathay Pacific are hiring

Job squeeze? Union Bank and Cathay Pacific are hiring

Rediff.com3 Jan 2012

Amidst news of job squeeze tightening in India in 2012 we bring to you companies that are hiring in India.

Union Bank Q1 net up 37%

Union Bank Q1 net up 37%

Rediff.com21 Jul 2003

Union Bank of India has posted a 36.84 per cent increase in net profit at Rs 155.89 crore (Rs 1.56 billion) for the first quarter ended June 30, 2003, compared to Rs 113.91 crore (Rs 1.14 billion) in April-June 2002.

One mn bank staff to go on strike on August 22

One mn bank staff to go on strike on August 22

Rediff.com8 Aug 2017

The strike call is over privatisation, mergers, and also due to write-off of corporate NPAs, criminalisation of willful default

Sushma's Daughter In Debut Battle

Sushma's Daughter In Debut Battle

Rediff.com25 May 2024

Bansuri Swaraj is banking on Narendra Modi's popularity, and the fact that the New Delhi electorate is known to vote on national rather than local issues for the Lok Sabha polls.

Union Bank of India invites applications for 1636 jobs

Union Bank of India invites applications for 1636 jobs

Rediff.com20 Jun 2012

India's leading listed public sector bank is hiring and here is how YOU can apply!

'Jamaat Wants To Be Nitish, Naidu In Kashmir'

'Jamaat Wants To Be Nitish, Naidu In Kashmir'

Rediff.com19 Sep 2024

'We want to ensure that no government in J&K will be formed without our support.'

TN govt powers Foxconn residence for 18K women

TN govt powers Foxconn residence for 18K women

Rediff.com16 Aug 2024

The Tamil Nadu government is set to unveil a housing initiative for 18,720 women employed by Taiwanese tech giant Foxconn, a key supplier to iPhone-maker Apple, this Saturday. The project, located at Vallam Vadagal near Chennai, marks the first time an Indian state government has constructed a hostel of this scale for a private firm - a model that's been successful in China and Vietnam.

What Centre Will Shell Out For AP, Bihar

What Centre Will Shell Out For AP, Bihar

Rediff.com5 Aug 2024

While Andhra Pradesh is expected to receive Rs 15,000 crore to Rs 20,000 crore, Bihar is likely to get Rs 5,000 crore to Rs 10,000 crore in FY25.

What Shah said on Rahul's 'hafta vasooli' dig on electoral bonds

What Shah said on Rahul's 'hafta vasooli' dig on electoral bonds

Rediff.com21 Mar 2024

;The entire INDIA bloc, led by Rahul Gandhi, was against the bonds and they wanted the old system of cut money to rule over politics once again;

Over 8.5 lakh bank employees to get 15% pay hike

Over 8.5 lakh bank employees to get 15% pay hike

Rediff.com11 Nov 2020

Over 8.5 lakh employees, majorly from public sector banks (PSBs), will get a 15 per cent hike in pay, with the conclusion of the 11th Bipartite Wage Negotiations on Wednesday. After three years of intense negotiations, the UFBU, which represents four bank officer associations and five workman unions, and the IBA on July 22 entered into a memorandum of understanding (MoU) for an annual wage hike of 15 per cent.

L&T to buy 10% in City Union Bank

L&T to buy 10% in City Union Bank

Rediff.com1 Dec 2006

Engineering major Larsen & Toubro will pick up nearly a 10 per cent stake in the Kumbakonam-based City Union Bank for Rs 45 crore.

'Omar Will Be Sure Shot Chief Minister'

'Omar Will Be Sure Shot Chief Minister'

Rediff.com24 Sep 2024

'INDIA will easily cross 50 seats out of 90 in Jammu and Kashmir.'

Report info on accounts of 10 terrorists to govt: RBI tells banks

Report info on accounts of 10 terrorists to govt: RBI tells banks

Rediff.com27 Oct 2022

The Reserve Bank on Thursday asked banks and other financial institutions to report to the government details about accounts resembling 10 individuals who have been designated as terrorists by the Union home ministry earlier this month. On October 4, the Union Ministry of Home Affairs (MHA) had designated a total of 10 members of Hizbul Mujahideen (HM), Lashkar-e-Taiba (LeT) and other proscribed outfits as terrorists under the Unlawful Activities (Prevention) Act (UAPA). Those designated as terrorists include Habibullah Malik alias Sajid Jutt, a Pakistani national, Basit Ahmad Reshi, who hails from Jammu and Kashmir's Baramulla but is currently based in Pakistan, Imtiyaz Ahmad Kandoo alias Sajad, who hails from Jammu and Kashmir's Sopore but now lives in Pakistan, Zafar Iqbal alias Salim, who is from Poonch but presently residing in Pakistan, and Sheikh Jameel-ur-Rehman alias Sheikh Sahab, who hails from Pulwama.

Union Bank to hire 5,000 this fiscal

Union Bank to hire 5,000 this fiscal

Rediff.com23 Dec 2008

State-run Union Bank of India on Tuesday said it is hiring 5,000 employees this fiscal, including 300 specialised officers for its micro, small and medium business.

Indira Gandhi And The Nagarwala Scam

Indira Gandhi And The Nagarwala Scam

Rediff.com20 Jul 2024

A host of conspiracy theories followed, involving Indira Gandhi, her younger son Sanjay, his favourite small car project, secret funding of the Bangladesh Mukti Bahini and even the Central Intelligence Agency of the United States.

Why RBI Was Worried About Consumer Credit Growth

Why RBI Was Worried About Consumer Credit Growth

Rediff.com13 Mar 2024

The banking regulator was uncomfortable with the runaway pace at which consumer credit was growing.

Nationwide bank strike on Aug 24

Nationwide bank strike on Aug 24

Rediff.com12 Aug 2004

Bank unions on Thursday called for a nationwide strike on August 24 to protest the 'negative attitude' of the Indian Bank Association over employees' wage revision.

CBI books Maharashtra MLA Ratnakar Gutte, family for Rs 409-cr bank fraud

CBI books Maharashtra MLA Ratnakar Gutte, family for Rs 409-cr bank fraud

Rediff.com10 Feb 2023

According to the Central Bureau of Investigation, Gutte is one of the directors of Gangakhed Sugar and Energy Limited.

Over 6,900 corruption cases probed by CBI pending

Over 6,900 corruption cases probed by CBI pending

Rediff.com2 Sep 2024

Over 6,900 corruption cases probed by the Central Bureau of Investigation were pending trials in different courts, 361 for more than 20 years, according to the latest annual report of the Central Vigilance Commission (CVC). Besides, as many as 658 corruption cases were pending CBI investigation, 48 for more than five years.

Buddhadeb Bhattacharjee: Marxist who wooed capital for industry

Buddhadeb Bhattacharjee: Marxist who wooed capital for industry

Rediff.com8 Aug 2024

Former West Bengal chief minister and a front-ranking Marxist leader Buddhadeb Bhattacharjee will go down in the country's history as a pragmatic communist who kept aside his ideological convictions to woo capital for the industrialisation of his state.

What Will Israel Do Next?

What Will Israel Do Next?

Rediff.com25 Sep 2024

In days of smart, networked technology and no shame over collateral damage, what will blow up next -- cars, mobile phones, TV sets, refrigerators? And where?, asks Shyam G Menon.

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

Profits: Govt banks ahead of private banks

Profits: Govt banks ahead of private banks

Rediff.com24 Jun 2021

Not all public sector banks are back in the black, but their collective net profit for the year is Rs 32,346 crore against a Rs 9,013 crore loss in the previous year, points out Tamal Bandyopadhyay.

Men with 2 wives will get Rs 2 lakh: Congress leader

Men with 2 wives will get Rs 2 lakh: Congress leader

Rediff.com10 May 2024

The Congress has promised to introduce the 'Mahalaxmi Scheme' in the poll manifesto which will provide Rs 1 lakh annually to the poor to alleviate poverty.

Kharge takes 'mataji', 'pakoda-jalebi' jibe at Sitharaman

Kharge takes 'mataji', 'pakoda-jalebi' jibe at Sitharaman

Rediff.com24 Jul 2024

Congress President and Leader of the Opposition in Rajya Sabha Mallikarjun Kharge on Wednesday questioned Union Finance Minister Nirmala Sitharaman over the Union Budget and claimed that the plates of all states except Bihar and Andhra Pradesh were empty in the budget allocation.

Union Bank to set up retail outlets

Union Bank to set up retail outlets

Rediff.com18 Feb 2005

Bank employees to get 17.5% pay hike

Bank employees to get 17.5% pay hike

Rediff.com27 Apr 2010

Thousands of public sector bank employees across the country now have reason to rejoice.

Political Savvy Nirmalaji's Bold Budget

Political Savvy Nirmalaji's Bold Budget

Rediff.com3 Aug 2024

Few finance ministers announce any taxation measure that could upset the stock market. Ms Sitharaman decided to take that risk, observes A K Bhattacharya.