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Updated: Share Article AAA The All India Bank Employees Association (AIBEA) has decided to go ahead with a two-day nationwide strike on March 15 and 16 against the plan to privatise two public sector banks (PSBs). The government and the unions had failed to reach common ground at conciliation meetings, AIBEA said. “Conciliation meetings were held between the representatives of government and the unions on March 4, 9 and 10,” said AIBEA general secretary C.H. Venkatachalam. “We were ready to reconsider... if the government agreed to defer its decision to privatise two PSBs,” he added. ...

Canara Bank's services may get hit later in March due to proposed strike Canara Bank said it is taking necessary steps for smooth functioning of bank branches and offices on the days of the proposed strike PTI | March 4, 2021 | Updated 10:58 IST Canara Bank said it is taking necessary steps for smooth functioning of bank branches and offices on the days of the proposed strike Public sector lender Canara Bank on Thursday said that banking services may get affected later this month due to the proposed strike by several bank unions. "We have been informed by the Indian Banks' Association (IBA)...

Indian Banks’ Association calls bank unions for meeting today Indian Banks’ Association calls bank unions for meeting today In A Move To Prevent The Nationwide Bankers’ Strike On August 22, The Indian Banks’ Association (IBA) And The Chief Labour Commissioner Have Called The United Forum Of Bank Unions (UFBU) For Talks On Wednesday, A Top Leader Of All India Bank Employees’ Association Said. News Nation Bureau | Edited By : Prakhar Sharma | Updated on: 16 Aug 2017, 11:03:25 AM New Delhi: In a move to prevent the nationwide bankers’ ...

Bank unions stage protest against privatisation; plan to march towards Parliament in March The interest rate of NCDs that hit the market this year was better than that of bank FDs. Photo: Mint 3 min read . Updated: 19 Feb 2021, 02:31 PM IST PTI Finance Minister Nirmala Sitharaman during her Budget speech earlier this month announced plans to privatise two public sector banks Share Via Read Full Story NEW DELHI : Opposing government's privatisation plans, bank unions on Friday staged protest in all the state capitals and plan to march towards Parliament next month if their demands are not me...

Govt should strengthen PSBs instead of privatisation: AIBEA February 19, 2021 × The United Forum of Bank Unions plans to strike on March 16 against government’s call to privatise two PSBs. The Government should strengthen public sector banks (PSBs) by helping them recover bad loans instead of privatising them, according to the All India Bank Employees’ Association (AIBEA). “The only problem PSBs facing is bad loans. Most of the bad loans are due to the corporates and rich industrialists,” said CH Venkatachalam, General Secretary, AIBEA, in a statement. He underscored that the Governm...