About 1,300 bankers succumb to coronavirus: AIBEA
By IANS |
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India detects over 24K mutations in 7K variants of Covid (IANS Exclusive). Image Source: IANS News
Chennai, May 21 : About 1,300 bankers have succumbed to Covid-19 and the number went up drastically between February - May 2021, said a top official of All India Bank Employees Association (AIBEA).
In a letter to Sunil Mehta, Chief Executive, Indian Banks Association (IBA), C.H.Venkatachalam, General Secretary, AIBEA said the deaths of bankers due to Covid-19 up to February 2021 was about 600 and has since gone up by 700 to 1,300 in the last two months. Our cry to treat bank employees under priority for vaccination was not taken seriously by the Government and now only some requests are being sent to the State Governments, Venkatachalam said.
Advice Goa govt to restrict banking hours: AIBEA to FM
By IANS |
Published on
Mon, May 10 2021 15:51 IST |
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FM s comment on crypto brings relief to industry. Image Source: IANS News
Chennai, May 10 : The All India Bank Employees Association (AIBEA) on Monday requested Finance Minister Nirmala Sitharaman to advice Goa government to restrict the banking hours in the state to prevent coronavirus spread.
In a letter to Sitharaman, AIBEA General Secretary C.H.Venkatachalam said: As you well aware, the number of people getting affected by covid infection is on the high side in Goa. Number of bank employees have also got affected by the virus. Hence employees and officers working in the Branches in Goa are highly worried and concerned and are presently working in the Banks with lot of fear and apprehension.
Bank unions term Govt’s move to divest stake in IDBI Bank as retrograde
May 06, 2021
AIBOA sought immediate intervention for recovering bad loans - RAMAKRISHNA G×
However, markets cheer the decision with stock zooming 15% intraday Bank unions said the Cabinet approval for strategic disinvestment of the Government’s stake in IDBI Bank and transfer of management control to a strategic buyer is a retrograde step.
“The decision to disinvest in a depressing scenario would lead to underselling and passing the benefits to the private investors. It may also lead to whitewashing the bad loans from the balance sheet,” said S Nagarajan, General Secretary, All India Bank Officers’ Association (AIBOA), in a letter to the President of India, Prime Minister, RBI Governor, and Chiefs of IDBI Bank and LIC.
Adani Transmission, Sundaram Fasteners, CreditAccess Grameen, Hikal, Raymond and Praj Industries are among companies that will announce their March quarter results today.