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The United Forum of Bank Unions (UFBU), an umbrella body of bank unions, have called for strike against privatisation of the banks.

There have been vacancies at the independent director level across the public sector space leading to regulatory non-compliance, the report says

In 2019, bad loan write-offs by banks amounted to ₹1,83,391 crore

Public Sector Bank Unions To Intensify Protest, Call For More Strikes Against Privatisation Bid Canara Bank Employees on strike (rajeshroxu/Twitter) In the general council meeting held on Sunday (4 April), the banks union has resolved to intensify the campaign against banks' proposed privatisation as reported by Livemint. All India Bank Employee's Association, AIBEA, on Sunday issued a statement after the meeting. "The general council meeting has called upon all our unions and members all over the country to continue the struggle against bank privatisation, get ready for prolonged strikes an...

KOLKATA: Brace for a four-day bank closure — one of the longest such breaks in recent times — starting Saturday till Tuesday next week. The bank strike called by the United Forum of Bank Unions, if not called off in the next 72 hours, would result in closure of bank branches for four days (March 13-16) and ATMs for two days (March 16-17). This is because March 13 happens to be the second Saturday of the month and the strike call has been given for March 15 and 16. Rajen Nagar, president of AIBEA, and general secretary of BPBEA, pointed out that this week and the next week would be marked...