United Forum of Bank Unions

Bank unions begin strike against privatisation, services hit

Banks represent the precious savings of the people and hence it is imperative that the government should be the custodian of the banks and the people’s money therein, United Forum of Bank Unions said.

published on : 17th December 2021

Privatisation: Public Sector banks' staff to go on strike on Thursday

Briefing reporters, the convener Srinivas alleged that successive governments have attempted to weaken nationalised banks, despite the said financial institution having contributed immensely.

published on : 16th December 2021

PSBs lost Rs 2.85 lakh crore due to loan default of 13 firms: United Forum of Bank Unions

According to the statistics given by the UFBU, the 13 corporates' outstanding dues were at Rs 4,86,800 crore and it was resolved at Rs 1,61,820 crore resulting in a loss of Rs 2,84,980 crore.

published on : 13th December 2021

Unions threaten two-day nationwide strike against proposed privatisation of public sector banks

The government has already privatised IDBI Bank by selling its majority stake in the lender to LIC in 2019 and merged 14 public sector banks in the past four years.

published on : 1st December 2021

Wage Revision: 10 lakh bank employees to go on two-day strike against 2 per cent hike

The Unions have given a call to organise massive demonstrations by bank employees all over the country on May 9, 2018.

published on : 6th May 2018