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PM Modi set to revamp financial inclusion; to unveil new scheme on August15

Last Updated: Sunday, July 20, 2014, 20:23

PM Modi is set to give a big boost to the ongoing financial inclusion drive by unveiling a comprehensive programme, to be announced at the Red Fort on the Independence Day.

Bank unions meet Jaitley, press for early wage revision

Last Updated: Friday, June 27, 2014, 18:51

The delegation informed that more than 10 rounds of discussions have taken place between bank management and UFBU so far on the issue but IBA is delaying the settlement.

IBA wants free use of other-bank ATMs to end in metros

Last Updated: Friday, March 14, 2014, 18:38

The issue of charging customers for ATM usage has become into a very vexed one, ever since banks were asked by state governments to place armed guards at all the ATMs after a brutal attack on a customer in Bangalore last November.

All-India banks on 2-day strike from Monday

Last Updated: Sunday, February 09, 2014, 19:36

Banking services in the country would be hit from Monday, with staff of both public and private sector banks planning a two-day strike against the proposed banking sector reforms and for immediate revision in wages.

IBA issues advisory to banks on use of Windows XP

Last Updated: Monday, February 03, 2014, 23:59

Banking industry body Indian Banks Association (IBA) has issued an advisory to banks to ensure business continuity after Microsoft ends support for its popular Windows XP operating system on April 8, 2014.

Bank unions threaten to go on two-day strike from Feb 10

Last Updated: Monday, January 27, 2014, 18:40

Dissatisfied with the wage hike offer made by Indian Banks' Association (IBA), public sector lenders' employee unions on Monday threatened to go on a two-day strike from February 10.

All India Banks strike postponed: UFBU

Last Updated: Friday, January 17, 2014, 16:03

The proposed two-day all-India strike by bank employees from January 20 was on Friday postponed after "positive" crucial bilateral talks between managements and unions on wage revision and other demands, a top office-bearer of United Forum of Bank Unions (UFBU) said.

RBI to examine proposal for limiting free ATM transactions

Last Updated: Sunday, January 12, 2014, 19:11

The Reserve Bank will consider reducing the number of free ATM withdrawals, as recommended by Indian Banks' Association, in an effort to cut down on cash transactions in the economy.

PSU bank employees to go on 2-day strike from Jan 20

Last Updated: Sunday, January 05, 2014, 16:24

Operations at all the public sector banks and regional rural banks are likely to be affected for two days from January 20 as the United Forum of Banks Unions has given a strike call, demanding wage revision as well as the resolution of certain other issues.

PSU bank employees unions call off Sep 25 strike

Last Updated: Tuesday, September 24, 2013, 15:46

Banks will function normally as a section of public sector bank employees who had threatened to go on strike Wednesday have deferred it following assurance from the government that there is no plan for merger of banks at present.

Some new bank licences to be given before March 2014: FM

Last Updated: Thursday, June 06, 2013, 15:12

Finance Minister P Chidambaram on Thursday expressed hope that some new bank licences would be issued before March next year.

Stagger new provisioning norm for recast loans: Bankers to RBI

Last Updated: Tuesday, January 15, 2013, 21:34

Bankers Tuesday requested the Reserve Bank to allow implementation of the additional 0.75 percent provisioning on restructured assets in a step-by-step manner.