Search result for 'bank unions'

Bank unions have deferred a nationwide strike after receiving assurances from the finance ministry and IBA on demands like a 5-day work week and recruitment. The strike was set to begin on Monday.

Over 500 Maha Bank employees protested in Pune, demanding adherence to bilateral agreements and new recruitment. The protest was organized by the All India Bank of Maharashtra Employees Federation.

Indian bank unions will proceed with a two-day nationwide strike on March 24-25 after negotiations with the Indian Banks' Association (IBA) failed to resolve key demands regarding recruitment,...

Bank unions in India have announced a 2-day nationwide strike on March 24-25, demanding a 5-day workweek, recruitment, and other issues.

India's Finance Ministry initiates the fourth round of Regional Rural Bank (RRB) consolidation, reducing the number of banks from 43 to 28. The move aims to improve operational efficiency and cost...

Bank employees in Maharashtra have deferred a strike after the state government assured enhanced security for employees working on the 'Ladki Bahin' scheme, which aims to provide financial...

SBI has declared MTNL's loan accounts as sub-standard NPAs due to non-payment of installments and interest. The bank has threatened legal action if MTNL fails to make scheduled payments.

Amazon Web Services (AWS) has been selected to provide cloud computing services to public sector banks in India through the Public Sector Bank Alliance (PSBA).

Reliance Infrastructure shares soared 20% after the Anil Ambani-led firm slashed its standalone debt by 87% to Rs 475 crore. The stock hit its upper circuit limit on the BSE and NSE.

Reliance Infrastructure Ltd has slashed its standalone debt by 87 percent to Rs 475 crore after clearing dues to LIC, ICICI Bank and other lenders.

The Reserve Bank of India has penalized CSB Bank, Union Bank of India, Muthoot Housing Finance, Nido Home Finance, and Ashoka Viniyoga for violating regulatory norms.

Two bank unions have called for the merger of Regional Rural Banks (RRBs) with their sponsor banks, highlighting benefits like enhanced efficiency, technology upgrade, and improved staff skills.

PNB, Union Bank, NMDC, BHEL, and GMR Airports Infra have been included in the MSCI Global Standard Index in the February review. The modifications will take effect on February 29.