Bank Employees To Receive 17% Annual Wage Hike; IBA, Unions Sign Joint Note
All female employees would be permitted to take one sick day each month under the new wage settlement without having to provide a medical certificate.
Mar 09, 2024, 08:14 AM IST
Bank unions, IBA agree on 15% annual wage hike; 8.5 lakh employees, officers set to benefit
As many as 8.5 lakh bank employees are set to benefit from the wage hike, which will be effective from November 2017.
Jul 23, 2020, 01:50 AM IST
10 lakh bankers to strike work on January 31 and February 1; banking services to be hit
The strike will be spearheaded by United Forum of Bank Unions (UFBU), an umbrella body of nine unions in the banking sector.
Jan 30, 2020, 21:37 PM IST
IBA, bank unions meet over wage hike inconclusive
The current wage revision is due from November 2017, after the 10th bipartite settlement ended in October 2017.
Jul 30, 2018, 15:25 PM IST
Two-day bank strike from today, salary withdrawal, ATM transactions may take a hit
The dissatisfied bank employees are protesting against the two per cent wage hike that has been proposed by the Indian Banks' Association.
May 30, 2018, 06:41 AM IST
AIBEA and AIBOA writes letter to Indian Banks association for problems raised after note ban
AIBEA and AIBOA writes letter to Indian Banks association for problems raised after note ban. Watch complete news story of News 360 for getting detailed updates!
Dec 01, 2016, 13:16 PM IST
Bank of Baroda aftereffects: CBI to engage with IBA
CBI Director Anil Sinha will be meeting heads of banks in the country at a seminar in the first week of March in Mumbai where issues related to banking frauds will be discussed.
Feb 17, 2016, 23:13 PM IST
Changes made in Gold Monetisation Scheme simplifies investment
The revisions made by the government in the Gold Monetisation Scheme has made it easier and simpler for customers to participate.
Jan 24, 2016, 14:36 PM IST
Bandhan Bank deposit base crosses Rs 1,500 crore
Private sector lender Bandhan Bank, which started operations as a full-fledged bank from August this year, has garnered a deposit base of Rs 1,500 crore till date.
Oct 12, 2015, 19:44 PM IST
New health cover for bank employees to be ready by month-end
All state-run general insurers are likely to issue a master mediclaim policy for bank employees through Indian Banks Association (IBA) by this month end.
Aug 02, 2015, 15:03 PM IST
IBA wants govt to lower rates on small savings scheme
The Indian Banks Association (IBA) Monday said it has urged the Finance Ministry to bring down interest rates on small savings schemes such as the Sukanya Samridhi and National Savings Scheme.
May 25, 2015, 22:00 PM IST
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.
May 22, 2015, 17:31 PM IST
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.
Feb 23, 2015, 17:17 PM IST
IBA agrees to meet bank unions today to avert strike
The unions have threatened the strike to press wage-hike demand. This will be their fifth strike this fiscal.
Feb 23, 2015, 08:17 AM IST
IBA agrees to meet bank unions on Monday to avert strike
The Indian Banks Association has decided to hold further talks with leaders of public sector bank unions who have given a call for four-day nation-wide strike from February 25.
Feb 22, 2015, 11:43 AM IST
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.
Feb 14, 2015, 19:35 PM IST
Bank wage talks in Mumbai today amid strike threat
Unions in the banking sector and the Indian Banks Association (IBA) will continue their wage negotiations on Tuesday in Mumbai, said a top union official.
Jan 06, 2015, 06:36 AM IST
Bank unions threaten month-long stir as wage talks fail again
A day after the umbrella body of the lenders IBA rejected the union's call for steeper wage hikes, the United Forum of Bank Unions (UFBU) has said it will adopt multi-pronged agitational methods from the middle of next month to press for their demands.
Sep 28, 2014, 19:12 PM IST
