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Banking services hit for 2nd consecutive day
Lakhs of employees of public sector banks continued their strike on the second day on Friday as well to protest against proposed privatisation of banks by the government impacting normal operation......
Services hit as PSU bank employees go on two-day strike
Banking operations were impacted across the country on Thursday as lakhs of public sector bank (PSB) employees began their two-day strike to protest against bank privatisation. Shutters of many......
PSBs lost Rs 2.85 lakh cr due to loan default of 13 firms
Public sector banks have lost nearly Rs 2.85 lakh crore on account of loan dues of 13 corporates even as the banks are used to bail out ailing financial institutions such as Yes Bank and IL&FS,......
Bank unions plan 2-day strike from Dec 16
The United Forum of Bank Unions (UFBU), an umbrella body of nine unions, has given a call for a two-day strike from December 16 to protest against the proposed privatisation of two state-owned......
Covid impact: Bank unions urge IBA for restriction in services
The unions also made a case for introduction of cluster or hub banking, identifying few branches of each bank in each locality so as to enable bank employees to work on rotation. Illustration:......
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