Bank Strike

It was resolved at Rs 1,61,820 crore resulting in a loss of Rs 2,84,980 crore. Public sector banks have lost nearly Rs 2.85 lakh crore owing to loan dues of 13 corporates. How It Happened The losses rained down even though banks…

Millions Of Bank Employees Will Stop Working To Protest Privatisation; SBI Issues Alert For 45 Crore Customers The two day nationwide bank strike on 16 and 17 December may affect the working of the State Bank of India (SBI). …

Lakhs Of Govt Bank Officers Will Stop Working To Protest Privatisation: Strike On These Dates Finance Minister Nirmala had announced the privatization of PSBs as part of a disinvestment exercise to garner Rs 1.75 lakh crore while…

2,118 Branches Of 10 Govt Banks Closed Down Or Merged In Last 365 Days; Employee Union Condemns In the massive consolidation drive of August 2019, ten public sector banks were merged into four, bringing down the total count from 27 to…

Bank unions threaten to conduct more strikes, shall the government not drop the privatization process. On March 15 and 16, about 10 million bank employees participating from nearly 9 bank unions conducted a two-day bank strike, in…

1.14 Lakh LIC Employees Protest Against Privatisation; Massive Strike On This Date LIC employees have declared a single day strike across the country effective from today. They are demanding that the Centre recall its disinvestment…

FM Nirmala Sitharaman responds to the two-day bank strikes and insists the importance of bank privatisation. Finance Minister Nirmala Sitharaman has responded to the two-day bank strike, held on March 15 and 16 by 9 bank unions, as a…

SBI, PNB, Bank of Baroda Won't Be Sold To Private Firms; These 6 Govt Banks Kept Out Of Privatisation Amidst the ongoing two-day nationwide bank strikes, conducted by bank unions and employees, opposing the finance ministry’s decision…

Nationwide bank strike for two days, March 15 and 16. In response to the Finance Minister’s Union Budget (2021) announcement of privatisation of two more public sector banks, the bank union body United Forum of Bank Unions (UFBU) has…

Alert For SBI Customers: Massive Bank Strike On March 15, 16 Will Impact Banking Operations A gentle reminder for the SBI account holders as the working of the State Bank of India may get affected on 15 and 16 March due to a 2-day…