Will Indian banks be closed Saturdays? Negotiations for a 5-day workweek for bank employees are heating up! Get the latest on the timeline, who's involved, and potential impacts.
PNS
: A two-day 14th triennial General Council meeting of the Employees Union of the Bank of India, State unit, began at Keonjhar on Saturday and the theme of the meet was Changing global economy and role of trade union.
Bank of India Employees Federation general secretary
Grooming PSBs
The Centre needs to tone up governance of public sector banks, before privatising them
The Budget announcement on the proposed privatisation of two public sector banks has drawn polarised reactions. Bidding up the Nifty PSU Bank index by over 30 per cent since the Budget, the stock market seems to believe that privatisation is a magic pill to address performance woes at PSBs (public sector banks). The All India Bank Employees’ Union, pointing to recent failures at YES Bank and Lakshmi Vilas Bank, disputes the notion that privatisation can make any difference to PSB efficiency. As always, the truth lies somewhere in between and it is good that the Centre has reiterated its intent of not hurrying through the process and strengthening PSBs before ceding control.
Read more about Bankers union demands Covid-19 vaccine shot on priority basis on Business Standard. The All India Bank Employees Union (AIBEA) on Friday requested Prime Minister Narendra Modi to provide the Covid-19 vaccine to bankers on priority basis
Bankers demand Covid-19 vaccine shot on priority basis
By IANS |
Published on
Fri, Jan 8 2021 19:03 IST |
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Bankers demand Covid-19 vaccine shot on priority basis. (Images: Mart.co/BV Vijay Kumar). Image Source: IANS News
Chennai, Jan 8 : The All India Bank Employees Union (AIBEA) on Friday requested Prime Minister Narendra Modi to provide the Covid-19 vaccine to bankers on priority basis.
In a letter, AIBEA General Secretary C.H. Venkatachalam requested Modi to include bank employees and officers under the prioritised category along with other Covid-19 warriors for the purpose of vaccination, as they have extended their continuous services to the people during the entire pandemic period.