Don’t miss the latest developments in business and finance.

Bank Strike

The decision to call for a strike was taken after a meeting in Mumbai on Thursday

Updated On: 12 Jan 2023 | 10:44 PM IST

The IBA and the bank managements have agreed to resolve the issues that resulted in the calling for a strike bilaterally with AIBEA

Updated On: 18 Nov 2022 | 9:02 PM IST

Banking services across the nation will get affected on November 19, with members of the All India Bank Employees' Association (AIBEA) going on strike, said an official.

Updated On: 25 Oct 2022 | 2:15 PM IST

Transactions at many public sector banks were impacted as employees did not report for duty

Updated On: 29 Mar 2022 | 12:12 PM IST

A spokesperson for the city mayor said about 90% of buildings in Mariupol had been damaged and about 40% had been destroyed

Updated On: 28 Mar 2022 | 8:38 PM IST

The Maharashtra government on Sunday invoked the Maharashtra Essential Services Maintenance Act (MESMA) barring employees of state-run electricity companies from joining the nationwide protest.

Updated On: 28 Mar 2022 | 7:42 AM IST

Strikers demands include scrapping of labour codes, no privatisation of any form, scrapping of National Monetisation Pipeline

Updated On: 27 Mar 2022 | 5:15 PM IST

The two-day nationwide bank strike called by United Forum of Bank Union ended on Friday, impacting normal operations across the country. Lakhs of employees of public sector banks were on strike to protest against the proposed privatisation of banks by the government. Banks will work as usual on Saturday, as it is a working day. United Forum of Bank Union (UFBU) is an umbrella body of nine bank unions, including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW). Services like deposits and withdrawal at branches, cheque clearance and loan approvals remained paralysed due to the two-day strike. ATMs at different parts of the country went dry on the second day. Government treasury operations, negotiating of import and export bills, grant of loans, cash transactions, etc. were not possible and clearing operations were affected. In the three clearing centres of Mumbai, Delhi and Chennai, about 3

Updated On: 18 Dec 2021 | 1:05 AM IST

Banking operations across Maharashtra remained impacted for the second straight day on Friday as employees of state-run lenders continued their two-day strike against bank privatisation

Updated On: 17 Dec 2021 | 8:49 PM IST

Banking services across Tamil Nadu remained hit for the second day on Friday with employees union staging a protest against the proposed privatisation of nationalised banks by the government

Updated On: 17 Dec 2021 | 7:21 PM IST

Banking operations in West Bengal were severely affected for the second consecutive day as lakhs of employees and officers of public sector lenders continued their nationwide strike

Updated On: 17 Dec 2021 | 2:48 PM IST

Most of the ATMs ran dry due to the lack of replenishment

Updated On: 16 Dec 2021 | 5:41 PM IST

Staffers take out marches in protest against privatisation of public sector banks; a few customer service centres kept functional

Updated On: 16 Dec 2021 | 1:55 PM IST

Most of the banks, including SBI, have already cautioned their customers about the strike's possible impact on banking operations like cheque clearance and fund transfer

Updated On: 16 Dec 2021 | 12:40 AM IST

In the budget speech of 2021, Union Finance Minister Nirmala Sitharaman had said that two public sector banks will be privatised during the current fiscal

Updated On: 02 Dec 2021 | 2:23 AM IST

All India Bank Officers Confederation (AIBOC) on Monday said it will hold a protest programme against the government's move to privatise public sector banks (PSBs) in Delhi later this month

Updated On: 22 Nov 2021 | 7:41 PM IST

The two-day pan-India bank strike ended today, with the disruption in services including cash withdrawals, deposits, loan disbursements and cheque clearances hitting customers hard across Maharashtra.

Updated On: 16 Mar 2021 | 9:49 PM IST

The Congress on Tuesday asked the government to accept the demands of the nine unions of public sector banks (PSBs) that are on a two-day strike

Updated On: 16 Mar 2021 | 4:57 PM IST

The opposition Congress on Tuesday demanded that the finance Minister make a statement to address concerns expressed by 13 lakh bank employees, who are on a two-day nationwide strike

Updated On: 16 Mar 2021 | 12:55 PM IST

Taking a dig at the government, Congress leader Rahul Gandhi on Tuesday alleged that selling public sector banks to "cronies" will compromise the country's financial security

Updated On: 16 Mar 2021 | 11:15 AM IST