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Bank Unions' Strike

Another round of talks is scheduled to be held on January 31 between the Indian Banks Association (IBA) and the bank unions to iron out the issues

Updated On: 27 Jan 2023 | 10:37 PM IST

The decision was taken at a meeting of UFBU held in Mumbai on Thursday

Updated On: 12 Jan 2023 | 5:50 PM IST

The All India Bank Officers' Confederation (AIBOC) has alleged violation of HR practices by foreign lender Standard Chartered Bank and submitted a detailed memorandum requesting the bank's CEO for immediate remedial measures. The union also alleged that the bank is delaying in recognising Association of Standard Chartered Bank Officers (Kolkata) ASCBO despite several reminders. The right to form association/union is a fundamental right enshrined under Article 19 (1) (C) of the Constitution of India, and any attempt to disavow and thwart the fundamental rights of members of ASCBO will not be condoned by AIBOC, the memorandum said. "The obsolete pay scales and the unsettled service conditions beckons for an overhaul...it is imperative to approve fair and appropriate service conditions for the officers, in consonance with the industrial norms and practices," it said. AIBOC general secretary Soumya Datta urged the management of Standard Chartered Bank to initiate dialogue with the ASCB

Updated On: 06 Nov 2022 | 10:53 PM IST

As per the agreement with IBA, the negotiation talks on various pending issues would begin on July 1

Updated On: 23 Jun 2022 | 8:28 PM IST

The two-day nationwide strike by central trade unions to protest against the government policies entered its second day on Tuesday, impacting normal life in some parts of the country.

Updated On: 29 Mar 2022 | 12:04 PM IST

Hours after the Kerala HC directed the Left administration in the state to take steps to prevent its employees from abstaining from duty as part of strike, the government on issued a 'dies-non' order.

Updated On: 29 Mar 2022 | 7:24 AM 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 two-day nationwide strike called by trade unions against the central government's policies affected the banking services and production of coal and steel in Telangana and Andhra Pradesh

Updated On: 28 Mar 2022 | 2:39 PM IST

As many as 10 central trade unions (CTUs) have joined hands for the strike and they claim the support of about 20 crore workers

Updated On: 28 Mar 2022 | 1:48 PM IST

Around 8,000 workers of Rashtriya Ispat Nigam Ltd (RINL) did not report for work on Monday, affecting production at the company's 7.5 million tonnes-steel plant in Visakhapatnam, Andhra Pradesh.

Updated On: 28 Mar 2022 | 1:04 PM IST

The first day of the two-day strike in the banking sector was successful with several branches across the country remaining closed, said All India Bank Employees' Association (AIBEA)

Updated On: 28 Mar 2022 | 12:32 PM IST

Banking services were partially impacted on Monday as a section of bank employees did not report for duty in support of the two-day nationwide general strike called by central trade unions.

Updated On: 28 Mar 2022 | 10:47 AM 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

'This is yet another milestone in our fight against COVID-19, Covovax is now WHO approved for emergency use, showing excellent safety and efficacy,' tweets Serum CEO

Updated On: 17 Dec 2021 | 8:05 PM IST

United Forum of Bank Unions convener Mahesh Mishra on Thursday said the government wants to pass the Banking Reforms Bill in the current session of Parliament, paving the way for privatisation

Updated On: 02 Dec 2021 | 6:54 PM IST

The two-day nationwide strike by the public sector bank (PSB) unions ended on Tuesday, with disruption in services like cash withdrawals, deposits, cheque clearances

Updated On: 16 Mar 2021 | 10:35 PM IST

Business Standard brings you top news of the evening

Updated On: 09 Feb 2021 | 5:59 PM IST

Meet in Hyderabad to discuss Budget announcements on privatisation of IDBI Bank and two Public Sector Banks, setting up bad bank, LIC disinvestment among other things

Updated On: 09 Feb 2021 | 4:44 PM IST

Says depositors lose their savings, wonders whether it is prudent to allow both the lender and the borrower to be owned by the same set of people

Updated On: 24 Nov 2020 | 8:18 PM IST

Venkatachalam alleged that govt's decision to merge 10 banks would lead to the closure of six banks - Andhra Bank, Allahabad Bank, Corporation Bank, Oriental Bank of Commerce, Syndicate Bank and Unite

Updated On: 05 Mar 2020 | 11:14 AM IST