Bank unions stage protest against privatisation; plan to march towards Parliament in March

Finance Minister Nirmala Sitharaman during her Budget speech earlier this month announced plans to privatise two public sector banks.

published on : 19th February 2021

Banking sector enters danger zone with non-stop increase in bad loans: All India Bank Employees Association

The CCBIFU Chairman said the latest is the IBC a Insolvency and Bankruptcy Code. The BJP-led NDA Government has brought this as a mechanism to deal with bad loans.

published on : 23rd July 2018

Fears of Demonetisation days back as ATMs dispense no cash in Tamil Nadu

Meanwhile, none of the five ATMs checked in the Pondy Bazaar area had cash and the scenes were similar in Nandanam with long queues in front of almost every ATM.

published on : 18th April 2018

All India Bank Employees' Association opposes demands for privatisation of public sector banks

AIBEA General Secretary said ever since PNB-diamantaire Nirav Modi's Scam came to light, there has been strong voice from different corners demanding privatisation of PSBs

published on : 14th April 2018

AIBEA wants government to step in, keep top management off till probe on at Punjab National Bank

The government should step into the ongoing PNB fraud case and keep out top management and officials until the probe is complete and accountability fixed, bank union AIBEA demanded today.

published on : 19th February 2018