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…
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…
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…
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…
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…
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…
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…
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…
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…
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…