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News
Bank employees
Bank employees News
Supreme Court
09 May 2024
EXPLAINED: Big Blow To Bank Employees! SC Says Interest-Free Loans Taxable
SC ruling said, benefit enjoyed by bank employees from interest-free loans or loans at a concessional rate is a unique benefit/advantage enjoyed by them and hence is liable to taxation.
Bank employees
13 Jun 2022
Bank employees demand for five day workweek as they go on strike on June 17
On June 27, at least nine bank employee unions will go on strike for a day to urge their demands. Employees at the bank began working on alternate Saturdays seven years ago. Since 2015, bank unions have been clamouring for time off on all Saturdays and Sundays.
Business
10 Jun 2022
Bank Strike in June: Banking operations to get affected on THESE days
Bank employees threaten to go on strike if the demands are not met. The strike is being led by the United Forum of Bank Unions. The demands include pension updates and revisions for all retirees, as well as the elimination of the national pension system.
Bank strikes
17 Dec 2021
Bank Strike Today: SBI and other bank services across country hit
Lakhs of public sector bank employees went on strike for the second day on Friday to protest the government's proposed privatisation of banks. As a result of the two-day strike, services such as deposits and withdrawals at branches, check clearance, and loan applications are still delayed.
DNA Video
16 Mar 2021
DNA: What bank employees want from the government?
DNA, which is highly popular among millions of TV viewers worldwide for its accurate, unbiased and in-depth reporting of issues of utmost concerns to the country, is hosted by Zee News Editor-in-Chief Sudhir Chaudhary. In this segment of the DNA, know why bank employees are opposing privatization of banks.
bank unions
22 Jul 2020
Bank unions, IBA agree on 15% annual wage hike; 8.5 lakh staff set to benefit
Under the agreement reached, Performance Linked Incentive will also be introduced for public sector bank staff and it will be based on the net profit of individual banks concerned Close to 37 banks, including public, private and foreign banks, have mandated the IBA to negotiate with unions on wage hikes for their employees PLI will be applicable for public sector banks from the current fiscal, while it will be optional for private and foreign banks
bank unions
22 Oct 2019
Talks with govt fail, bank unions call 24-hour strike today against merger
Besides several central trade unions, the All India Bank Officers' Association (AIBOA) has also extended support to the strike. AIBOA has clearly asked its members to not join work today.
bank unions
18 Dec 2017
Section of PSU bank unions threatens strike on December 27
Following the strike call, many banks including State Bank of India (SBI), Vijaya Bank have already informed their customers about inconvenience if it materialises.
Bank employees
11 Sep 2017
Bank employees call for protest march on Sept 15
Bank employees plan to conduct "March to Parliament" on September 15 to draw the government's attention towards various issues, Deepak Kumar Sharma, General secretary of SBI Officers Association, Chandigarh Circle, said here.
Bank strike
21 Aug 2017
Bank strike on August 22: Banking operations likely to be affected
Most banks have already informed their customers that functioning of branches and offices will be impacted if the strike takes off.
Bank employees
21 Aug 2017
Bank strike on August 22: All you need to know
In order to protest against the banking reforms proposed by the Centre, the bank employees are calling strike on August 22.
RBI
29 Mar 2017
RBI exempts banks from opening on Apr 1 on annual closing
Reversing its earlier order, the Reserve Bank on Wednesday said the bank branches dealing in government businesses need not remain open on April 1 in view of the annual closing business.
Bank employees
20 Jan 2017
Bank employees threaten nation-wide strike on Feb 7
A section of bank trade unions have threatened to go on a day-long nation-wide strike on February 7 to press various demands including complete removal of restrictions imposed during demonetisation period and safeguarding the autonomy of the Reserve Bank of India.
Demonetisation
05 Dec 2016
Here is why Banks employees want to shut shop for 15 days
Even those handling wads of notes on a daily basis are a harried lot. The reference is to bank employees. The struggle to manage the cash requirement of common public has raised their stress level. They would like the Reserve Bank of India( RBI)to close bank branches until sufficient quantities of currency notes supplies reach banks.
bank unions
18 Aug 2016
Bank employees to join national strike on September 2
Nearly 5 lakh bank union workers and officers are set to join the strike called by trade unions on September 2 to protest against what they call anti-people policies of the Modi government and labour reforms.
IDBI Bank
16 Mar 2016
IDBI Bank employees give strike call on Mar 28
A section of officers and employees of IDBI Bank today called for a one-day strike on March 28 to protest against the government's proposed stake sale in the state-run lender
Finance Minister
05 Mar 2016
Won't write off any bad loans, defaulters won't be spared: Arun Jaitley
Finance Minister Arun Jaitley on Saturday said that defaulters will not be spared as the government will not write off any bad loans.
Bank employees
24 Oct 2015
Bank employees to go on nationwide strike on December 2
Bank employees will observe a country-wide strike on December 2, a leading union said on Saturday.
Indian Banks Association
02 Aug 2015
New health cover for bank employees to be ready by month-end
All state-run general insurers are likely to issue a master mediclaim policy for bank employees through Indian Banks Association (IBA) by this month end.
Bank strike
30 May 2015
Nation-wide bank strike on June 24
The All India Bank Employees Association (AIBEA) on Saturday called for a nation-wide strike on June 24 in support of various demands of the State Sector Bank Employees Association (SSBEA).
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