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Bank employees strike to hit SBI services on March 15, 16

Bank employees strike to hit SBI services on March 15, 16 While the country s largest lender has made all the arrangements to ensure normal functioning in its branches and offices, it is likely that the work in the bank may be impacted by the strike. Rai Vinaykumar | March 9, 2021 | Updated 16:59 IST SBI said the expected loss because of the strike cannot be quantified now. The working of State Bank of India (SBI) is likely to be affected on March 15 and 16 as bank employees unions have called for a nationwide strike on these days. .we have been advised by Indian Banks Association (IBA) that United Forum of Bank Unions (UFBU). has given a call for all India strike by bank employees on 15th & 16th March, 2021, SBI said in an exchange filing.

Bank strike, holidays in March 2021: Banks to remain closed for 12 days; check dates

Bank strike, holidays in March 2021: Banks to remain closed for 12 days; check dates Several bank unions have called for a bank strike across the country on March 15 and 16 against the proposed privatisation of two state-owned lenders by the government BusinessToday.In | March 8, 2021 | Updated 11:36 IST Several public and private banks are likely to remain open for only four days next week due to bank strikes and public holidays. Therefore, bank account holders should plan their visits accordingly. However, mobile and internet banking functions will remain unaffected on these holidays. Several bank unions have called for a bank strike across the country on March 15 and 16 against the proposed privatisation of two state-owned lenders by the government. These unions comprise All India Bank Employees Association (AIBEA), All India Bank Officers Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers Association (AIBOA), Bank Employees Fe

Bank Officers Unions Oppose Allowing All Private Banks In Govt Business

BW Businessworld Bank Officers Unions Oppose Allowing All Private Banks In Govt Business Private banks can now be equal partners in development of the Indian economy, furthering Govt s social sector initiatives, and enhancing customer convenience. Photo Credit : Bank officers unions on Thursday opposed the Centre s decision to allow all private sector banks to participate in government business, including collection of taxes, pension payments and small savings schemes. In a tweet on Wednesday, Finance Minister Nirmala Sitharaman had said, Embargo lifted on grant of Govt business to private banks. All banks can now participate. Private banks can now be equal partners in development of the Indian economy, furthering Govt s social sector initiatives, and enhancing customer convenience.

Banks unions call for two-day strike against proposed privatisation of PSBs

(Representative image) NEW DELHI: The United Forum of Bank Unions (UFBU), an umbrella body of nine unions, on Tuesday gave a call for a two-day strike from March 15 to protest against the proposed privatisation of two state-owned lenders. In the Union Budget presented last week, finance minister Nirmala Sitharaman announced the privatisation of two Public Sector Banks (PSBs)Â as part of its disinvestment plan. The government has already privatised IDBI Bank by selling its majority stake in the lender to LIC in 2019 and merged 14 public sector banks in the last four years. It has been decided to oppose the government s decision to privatise banks during the meeting of UFBU held on Tuesday, All India Bank Employees Association (AIBEA) general secretary C H Venkatachalam said.

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