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Bank unions call for strike on March 15,16 against privatisation of banks


Updated Feb 09, 2021 | 16:03 IST
In order to oppose the proposed privatization of Public Sector Banks (PSBs) by the Centre, the United Forum of Bank Unions (UFBU) on Tuesday called a two-day nation-wide strike from March 15
Bank unions call for strike on March 15,16 against privatisation of banks 
New Delhi: Union finance minister Nirmala Sitharaman announced in the Budget 2021 speech that the government is looking to divest non-strategic, state-run firms. The announcement has raised concerns among public sector bank employees and unions, considering that they are outside the strategic ambit, as articulated in the Budget.
In order to oppose the proposed privatization of Public Sector Banks (PSBs) by the Centre, the United Forum of Bank Unions (UFBU) on Tuesday called a two-day nation-wide strike from March 15. As per a ....

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ECI sends transfer advisory to CSs and CEOs of 5 poll-bound states including West Bengal


ECI sends transfer advisory to CSs and CEOs of 5 poll-bound states including West Bengal
Agencies
December 19, 2020
New Delhi, Dec 19: The Election Commission of India (ECI) has sent an advisory to chief secretaries (CSs) and chief electoral officers (CEOs) of five poll-bound states on transfer/posting of officers connected with the conduct of elections.
The states include Andhra Pradesh, Arunachal Pradesh, Odisha, West Bengal and Sikkim.
The advisory dated December 18 reads, to ensure free and fair election, the Commission has been following a consistent policy to the effect that officers directly connected with conduct of elections in an election going State/UT are not posted in their home districts or places where they have served for a considerably long period. ....

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1913 wilful defaulters together owe Rs 1.46 LAKH CRORE to banks as on Jun 2020: RBI


1913 wilful defaulters together owe Rs 1.46 LAKH CRORE to banks as on Jun 2020: RBI
Agencies
December 17, 2020
Hyderabad, Dec 17: The Reserve Bank of India (RBI) has said there are 1,913 wilful defaulters, who together owed Rs 1.46 lakh crore to banks as on June 2020.
Pune-based RTI activist Vivek Velankar had filed the RTI application with RBI to get information on wilful defaulters.
He said, The information shared by RBI reveals that there are 264 wilful defaulters who defaulted on a loan of Rs 100 crore and above owe Rs 1,08,527 crore to banks.
Sharing with UNI, the RBI information to Mr Velankar, All India Bank Employees Association (AIBEA) General Secretary Ch Venkatachalam on Thursday said, While the common borrowers are struggling with repaying equated monthly instalments (EMIs) of their loans and also face harassment for missing a single EMI, big and wilful defaulters seem to not only go scot-free but also live life king-size without any worry ....

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