• Banking services have been declared as a utility service

    Banking declared as public utility service for 6 months. What it means for bank employees

    Business | April 24, 2020 16:31 IST

    Banking declared utility service: Employees of all public sector banks including the State Bank of India and some major private banks including HDFC, ICICI, Axis, StanChart and HSBC - who are part of IBA- will come under the ambit. The order effectively means the banking sector will not see any strikes by employees or officers during the period.

  • psu bank employee unions withdraw strike call settle wages

    PSU bank employee unions withdraw strike call, settle wages

    India | February 23, 2015 21:00 IST

    New Delhi: Employee unions of public sector banks today withdrew their strike call following an agreement with the management on 15 per cent wage hike.“In today's talks, wage revision settled at 15 per cent with

  • indian banks association to meet unions monday on strike

    Indian Banks Association to meet unions Monday on strike call

    February 22, 2015 16:41 IST

    New Delhi: The Indian Banks Association (IBA) has decided to hold talks Monday with leaders of bank unions, who have given a call for a four-day nationwide strike beginning Feb 25."The IBA agreed to hold

  • psu bank unions threaten 4 day strike from feb 25

    PSU bank unions threaten 4-day strike from Feb 25

    India | February 03, 2015 23:38 IST

    New Delhi: Unhappy with wage increase offered by management of banks (IBA), public sector bank employee unions today threatened to go on a four-day strike beginning February 25.Indian Banks' Association (IBA) has bettered its earlier

  • bank employees unions keep four day strike call on hold

    Bank employees unions keep four-day strike call on hold

    January 20, 2015 11:32 IST

    New Delhi: Bank employees' unions have decided to keep a proposed four-day strike on hold.The decision comes in the wake of assurance by Indian Banks' Association to resolve wage issues by the first week of

  • bank unions defer proposed 4 day strike

    Bank unions defer proposed 4-day strike

    January 19, 2015 23:43 IST

    New Delhi: PSU bank employees' unions have deferred the proposed four-day strike from January 21 after the management of banks (IBA) assured that wage related issues will be resolved by early February.“Four-day strike has been

  • public sector bank unions defer today s proposed strike

    Public sector bank unions defer today's proposed strike

    India | January 07, 2015 8:50 IST

    Kolkata: Public sector bank employee unions have defered their one-day strike, proposed for January 7, while negotiations will continue on Wednesday with the management representatives on wage hike and other issues.Bank unions have deferred the

  • bank employees unions to go on nationwide strike on jan 7

    Bank employees' unions to go on nationwide strike on Jan 7

    January 02, 2015 0:01 IST

    Mumbai: Bank employees' unions have decided go on a day-long strike on January 7 across the country to press for a wage hike.Bank unions have also threatened to go on strike on multiple days later

  • lic seeks list of those to be insured under pmjdy from iba

    LIC seeks list of those to be insured under PMJDY from IBA

    December 27, 2014 6:50 IST

    Mumbai: LIC, which has been asked by the government to provide life cover worth Rs 30,000 to beneficiaries of Pradhan Mantri Jan-Dhan Yojana (PMJDY), has asked Indian Banks' Association to provide a list of those

  • bankers to strike work for five days in january

    Bankers to strike work for five days in January

    December 20, 2014 13:12 IST

    Chennai: Unions in the banking sector have announced five day strike next month to demand early resolution of their wage hike negotiations, said the All India Bank Employees' Association (AIBEA).In a statement issued here Saturday,

  • banking services affected as psu employees go on strike

    Banking services affected as PSU employees go on strike

    November 12, 2014 12:23 IST

    New Delhi: The United Forum of Bank Unions (UFBU), an umbrella body of some nine bank unions in the public sector banking industry (and in some old generation private banks), is on all India strike