Page 2 - Aibea News Today

The bank unions want a 5-day work week with longer hours.

The first day of the two-day strike in the banking sector was successful with several branches across the country remaining closed, said All India Bank Employees Association (AIBEA), a major union in the sector.

Banking services may be hit partially on March 28 and 29 as a section of bank employees' unions has supported the two-day nationwide general strike

RBL Bank said that while it will take all the necessary steps for smooth functioning of its branches, it is likely that some branches would be impacted by the strike.

Depositors of the RBL Bank Ltd need not worry about the safety of their money as Section 45 of Banking Regulation Act will protect their interests, said a top leader of All India Bank Employees Association (AIBEA).

Bank employee unions umbrella body AIBEA had written a letter to Finance Minister Nirmala Sitharaman expressing concern that everything was not right at RBL Bank

The ongoing two-day nationwide bank strike against the privatisation of government banks has affected clearing of cheques worth about Rs 37,000 crore, said C.H. Venkatachalam, General Secretary of the All India Bank Employees Association (AIBEA).

A two-day nationwide bank strike called by United Forum of Bank Unions (UFBU) against privatisation of government banks began on Thursday, said C.H.Venkatachalam, General Secretary, All India Bank Employees Association (AIBEA).

Close to nine lakh employees of various state-run banks will go on a two-day nation-wide strike beginning on Thursday

The two-day strike announced by the unions in the banking sector stands as there was no assurance given on deferring the introduction of Banking Laws (Amendment) Bill 2021 in Parliament, said C.H