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Bank unions News

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.

21 Mar 2021

Bank holidays: Banking services to be affected for 9 days, check details here

Banks will remain closed for three consecutive days from March 27-29. Bank services on March 31 will remain suspended.

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

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.

23 Sep 2019

Bank Union calls off two-day strike on September 26, 27

The decision was taken after members of the bank association on Monday met the Finance Secretary and were assured of a positive solution on their demands.

20 Dec 2018

Deshhit: Strikes & public holidays to hamper banking operations from Dec 21-26

Banking operations across the country are expected to take a hit during Christmas. Bank unions have called for an all India strike on December 21 and December 26. Watch this video to know more.

31 May 2018

Bank unions claim two-day strike a success, IBA to be blamed for mess

Banking unions on Thursday claimed that their two-day strike over wage revision was very much successful.

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.

10 Dec 2017

All India bank strike on December 27 for wage revision in IDBI Bank

The IDBI Bank employees went on two-day strike in October demanding revision of wages.

20 Aug 2017

Banks stare at union strike on Tuesday, services may be hit

Services at public sector banks may take a hit on Tuesday as all unions under the aegis of UFBU have threatened to go on strike against the government's proposed consolidation move besides raising a host of other demands.

15 Dec 2016

Bank unions ask RBI to issue lower-denomination currency notes on urgent basis

In a statement issued to Reserve Bank of India (RBI), Bank Employees Federation of India (BEFI) has asked the central bank to urgently issue lower-denomination notes.

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.

09 Jul 2016

Alert! Bank workers to strike work on July 12, 13

Bank employees are preparing to strike work on Tuesday and Wednesday after talks between their representatives and bank managements failed on Friday, C.H. Venkatachalam, a union leader, said on Saturday.

02 Sep 2015

Banking services hit by day-long strike

Banking services across the country were hit Wednesday by the day-long strike by 10 central trade unions and 14 bank unions, but workers of largest lender SBI and a few other banks stayed off the agitation.

private sector bank

17 Aug 2015

Private sector bank officers form union, to join Sept 2 strike

The officials from the private banks have also decided to join an all India general strike on September 2, it said.

22 May 2015

IBA to sign wage revision pact with banks unions on Monday

Bank unions will be formally signing the new wage revision agreement with the industry body Indian Banks Association (IBA) on Monday, one of the heads of the unions said today.

23 Feb 2015

Bank unions withdraw proposed 4-day strike after agreement with IBA

PSU bank employees' union have decided to withdraw the four day scheduled from February 25 after an agreement with the Indian Banks Association (IBA) on Monday.

14 Feb 2015

Bank employees threaten to go on 4-day strike from Feb 25

Unions of bank employees on Saturday threatened to go on a four-day strike from February 25 to be followed by an indefinite strike from March 16 if their wage hike and other demands are not met immediately.

21 Jan 2015

Bank Unions meet Jayant Sinha to press for early wage revision

A section of public sector bank employees unions today met Minister of State for Finance Jayant Sinha to press for early wage revision.

19 Jan 2015

Bank unions defer proposed 4-day strike

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.

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