News

UFBU’s letter to Ministry of Finance for Wage Revision

United Forum of Bank Unions (UFBU) has written a letter to Department of Financial Services, Ministry of Finance on the…

7 years ago

RBI imposes Rs.30 Million penalty on IndusInd Bank

Reserve Bank of India imposes a penalty of Rs.3 Crores on the private sector lender IndusInd Bank for non compliance…

7 years ago

9 Executive Directors appointed in Public Sector Banks

On the recommendations of Bank Board Bureau, Appointment Committee of Cabinet has elevated 9 General Managers to Executive Directors in…

7 years ago

Bank Strike on 22nd August 2017 Confirmed – Conciliation Meeting failed

As already decided UFBU and Bank Unions to go ahead with the All India Bank Strike on 22nd August 2017…

7 years ago

Bank Strike on 22 August 2017

UFBU has called all India Bank Strike on 22nd August 2017. A meeting of UFBU was held at Mumbai on 28th…

7 years ago

15 GMs recommended for ED Post by Bank Board Bureau

15 General Managers of Public Sector Banks have been recommended by Banks Board Bureau to the Government of India for…

7 years ago

200 rupees notes printing started by RBI

Soon you'll see a 200 rupees currency note in market. For the first time Rs.200 note will be introduced. RBI…

7 years ago

Merger News – Canara Bank to merge Vijaya Bank & Dena Bank

There is a possibility that Canara Bank will acquire Vijaya Bank and Dena Bank as the Government wants to create…

8 years ago

SBI mandate for 11th BPS for upto Scale III only

The first meeting for negotiating to salaries of Banks employees under 11th Bipartite Settlement has already taken place on May…

8 years ago

RBI puts restriction on IDBI Bank as Prompt Corrective Action

Reserve Bank of India has invoked 'Prompt Corrective Action' (PCA) on IDBI Bank. The PCA has been invoked by RBI…

8 years ago