AIBEA said that on April 19 its officer bearers would meet in Punjab to decide the next course of action.
Rose growers in South India, mainly Hosur, have for many years spread the scent of love on Valentine's Day around the world. But the world seems to have jilted them for other options this time
Bank employees body AIBEA, which is a major constituent of the United Forum of Bank Employees' Association that has called a nationwide strike, on Tuesday said Finance Minister P Chidambaram rejecting wage demands of bank employees is "unfortunate" and the strike was forced on them.
While Dhanlaxmi Bank faces governance issues similar to those in Lakshmi Vilas Bank, the financial profile of the Kerala-based bank is better.
The All India Bank Employees' Association (AIBEA), which represents the employees of the public-sector banks, has threatened to go on a two-day strike from August 22, against the government's proposed Banking Bill, closure of rural branches and other set of banking sector reforms.
However, the likely impact of strike may not be much excluding few areas, said SBI.
The key lending rate is now 9.7 per cent.
Anticipating a sudden and huge crowd in bank branches following the announcement of various measures by the government on Friday, the AIBEA said since the number of employees in bank branches are very few, the crowds can pose a big risk for the bank staff as well as for the customers who might be visiting in large numbers.
The unions have also threatened to explore an indefinite strike option, if their demands were not addressed.
The atmosphere at the funeral was highly emotional with friends, relatives and locals bidding tearful farewell.
Arivazhagan Venkatachalam on his directorial Tamil debut.
As many as 8.5 lakh bank employees are set to benefit from the wage hike, which will be effective from November 2017.
The association had earlier called for a strike on July 3 to oppose the merger plans of the subsidiary banks with the parent SBI. AIBEA General Secretary C H Venkatachalam said though the government authorities and the bank managements deny any policy decisions or guidelines in this regard, there had been overt and covert attempts to merge the banks.
They were distributing pamphlets which allegedly containing defamatory remarks against Prime Minister Narendra Modi and Tamil Nadu Chief Minister K Palaniswami.
The United Forum of Bank Employees Unions (UFBEU) representing about 9.5 lakh (950,000) bank employees across the country, has given a two-day nation-wide bank strike call on August 6 and 7 in support of their expedite settlement of wage revision demands.
C H Venkatachalam, convener, United Forum of Bank Unions, the umbrella body of the nine unions, said due to the failure of Thursday's talk between Indian Banks Association and UFBU before the chief labour commissioner, they have decided to go ahead with the strike. IBA is yet to resolve issues regarding wage revision and the pension option.
Banking operations were affected as the strike call given by the employees union to press for wage related issues entered the second day on Thursday.
Congress president Sonia Gandhi on Friday lambasted BJP and TDP for doing nothing for the country's farmers during the six years of National Democratic Alliance rule. Addressing a massive farmers' rally at Jaggampeta town in Andhra Pradesh after dedicating the first phase of the Rs 600-crore Thota Venkatachalam Pushkara lift irrigation project, Sonia questioned BJP and TDP's credentials to champion the cause of the farmers when these parties were out of power.
FM has called for a tripartite meet to resolve the bank staff issue and avoid a strike.
The United Forum of Bank Employees Union has taken this decision of going on strike after failure of talks with the Indian Banks Association on May 11, C H Venkatachalam, convenor of UFBU, said.
The United Forum of Bank Unions, a body of nine bank unions, has announced a nationwide strike on September 12, after recent talks with the chief labour commissioner over the implementation of a memorandum of understanding failed.
'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'
Later talking to reporters, Mayor R Venkatachalam said the new simplified system would be a boon to the people, as it worked 24-hours and they can pay taxes sitting in their homes. The corporation has tied up with ICICI Bank for the system and 1.85 per cent service tax would be charged for those paying by credit cards. On tax collection, Venkatachalam said the corporation has collected Rs 105 crore (Rs 1.05 billion), which was about 75 per cent of total taxes.
About 1 million bank officers are expected to participate in the strike on May 30 and May 31
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After setting up a committee under N Rangachary last year to look at taxation issues regarding the sector, the government has issued several notifications in the last eight months.
Banks, including country's largest lender State Bank of India, have informed the customers well in advance about the likely inconvenience due to strike.
A Europe-like cyber security defence alliance is the need of the hour, say banking technology experts.
Close on the heels of a cut in the interest rate on long term domestic deposits, State Bank of India is now contemplating a downward revision in its prime lending rates.
The wage revision of public sector bank employees is due from November 2012.
The unions term the introduction of fixed-term employment as a 'modern labour slavery system' introduced through the 'back door'.
'On the evening of the 17th, the RBI said the bank was put on moratorium.' 'Within an hour, the RBI said it would be merged with DBS.' 'How did DBS come to know within an hour that LVB was in trouble?' 'It means, what happened was match-fixing.'
Former champions P V Sindhu and Kidambi Srikanth progressed to the second round in the Yonex-Sunrise India Open badminton scoring contrasting victories, in Delhi, on Wednesday. Si
Stalin, along with cadres of the DMK and other parties, came in a procession in Tiruvarur and was detained in a marriage hall, police said, adding they will be let off later.
With almost all opposition parties too backing the 'Bharat bandh' and many announcing parallel protests in support of the farmers, the Centre has issued an advisory directing the states and Union Territories to tighten security and ensure peace is maintained.
'...Rs 137 lakh crores of people's money?' 'It is not the government's money, it is people's money.'
Arundhuti Dasgupta on the anxiety and logistical challenges of caring for elderly parents during lockdown, especially if they are ailing and live away from you.
The association also wondered how the brand value of Kingfisher was considered as a collateral while sanctioning a loan, and alleged that even when RBI knew that this was a "deliberate default", no action was taken by the banks.
One of every four people in the 27-37-year age group, the most prolific in using digital banking apps, reported a fraud in the past year
The winner will receive USD 50,000 in college scholarship and lifetime membership of the National Geographic Society.
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