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HDFC Bank signs pact with SAIL

HDFC Bank signs pact with SAIL
tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.

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SBI staff hold zonal conference

SBI staff hold zonal conference
tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.

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Indian bank workers continue strike against privatization threat

NEW DELHI: India’s banking system was disrupted for a second consecutive day on Friday as more than 900,000 of those working in the country’s public banking sector continued their strike in protest at the government’s decision to privatize state-owned banks. The Indian government is reportedly looking to gradually privatize all 12 of its public-sector banks, which control more ....

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SBI union and others demand RBI to scrap payments plan

5 hours ago
A union representing India’s largest public bank along with a coalition of labour unions and NGOs requested the Reserve Bank of India to reject applications of “profit-making” big companies, especially Amazon, from setting up alternate payment systems. Reuters reported on this first on April 8.
Amazon, Google, Facebook and others have applied to set up New Umbrella Entity (NUE) a parallel payment ecosystem proposed by RBI to reduce concentration risks in the payment sector. This would rival the quasi-public National Payment Corporation of India (NPCI), which is currently the main operator for digital transactions in the country.
State-run State Bank of India’s union All India State Bank of India Staff Federation (AISBISF), labour unions and NGOs under the banner of UNI Global Union, IT for Change and the Joint Action Committee Against Foreign Retail and E-Commerce (JACAFRE) wrote a letter in this regard to the RBI. ....

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