bank union strike

More than 80,000 bank employees in Madhya Pradesh will join the country-wide strike on August 22 and 23 called by the United Forum of Bank Unions (UFBU) protesting against the Centre’s policy of forcing the nationalised banks towards privatisation.

The United Forum of Bank Unions, representing employees of public and private sector banks, has decided to observe a one-day nationwide strike next month.

The United Forum of Bank Unions has postponed a strike that was called on January 30 and 31. The forum is demanding that the Indian government resolve residual issues, scrapping of the new pension scheme, and updating of pension benefits for past retirees. If the strike had gone ahead, banks would have been closed for four days from January 28 to January 31.

Bank unions across India have announced a nationwide strike on February 12, protesting the government's new Labour Codes. Customers face uncertainty as major banks warn of potential operational disruptions, though they are making arrangements for smooth functioning. Unions also advocate for improved work-life balance and a five-day work week.

The United Forum of Bank Unions in Madurai, India, held a demonstration on Friday demanding the introduction of a five-day work week. Their major demand is to implement a five-day work week just like for others, including central government employees. There were suggestions put forth to include an extra half an hour every day and have a holiday on Saturday, but there is a delay in its implementation.

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.

Public sector banks across Gujarat will remain shut for this weekend. Public sector banks are expected to remain shut across Gujarat, heeding to the nationwide strike call on November 19 by the Maha Gujarat Bank Employees’ Association (MGBEA).

State-run lenders - from SBI to Canara Bank, PNB and Punjab & Sind Bank - are urging employee unions to reconsider their plan for a two-day strike, and invited them for further discussions.

Banking operations in some parts of the country were affected on Tuesday as two employee-unions are observing a nation-wide strike. Some of the services like cash deposit and withdrawal at the counter and cheque clearances have been impacted. The strike call has been given by AIBEA and BEFI to protest against bank mergers and fall in deposit rates.

Nine bank unions on Monday started a nationwide two-day strike against the privatisation of public sector banks and retrograde banking reforms. As many as 10 lakh bank employees are expected to participate in the strike. Banks were already closed on March 13 (second Saturday) and March 14 (Sunday), leading to a four-day break till Tuesday in regular banking operations.

The rupee depreciated by 25 paise to 54.32 against the dollar in early trade on Thursday on the Interbank Foreign Exchange due to renewed demand for the US currency, amid weak equities.

Bank unions on Wednesday called for a two-day nationwide strike on Jan 31-Feb 1 after talks over wage revision failed to make headway with the Indian Banks' Association. The United Forum of Bank Unions, which represents nine trade unions, said they will also hold a three-day strike from March 11-13. UFBU is seeking 15% hike opposed to IBA 's cap at 12.25%.

Bank unions in Maharashtra plan to strike on Nov 16, citing unsafe working conditions caused by the Ladki Bahin Yojana scheme. Incidents of harassment and assault by scheme beneficiaries and local politicians have created a fearful atmosphere among bank employees. Unions are demanding better security and additional manpower, while the state government has expressed willingness to discuss concerns.

Operations of public sector banks are expected to be hit beginning Friday as unions will go on a two-day nationwide strike following the failure of wage revision talks with managements.

United Forum of Bank Unions (UFBU), an umbrella body of nine unions, has given a call for a two-day strike from March 15 to protest against the proposed privatisation of two state-owned lenders.

Sanju Halder needed Rs 52,000 urgently on Tuesday for a surgery on his 13-year-old nephew who is a cancer patient.