The bank pension scheme, effective from November 1, 1993, remains unchanged, contrasting with other public sector schemes that have seen periodic revisions. Despite a Supreme Court ruling affirming pensions as a right, the push for pension revision in banks has not been prioritized.
The All India Bank Employees’ Association (AIBEA) has raised strong objections to a recent government directive instructing Public Sector Banks(PSBs) to conduct performance reviews of employees, which could result in premature retirements. AIBEA views this move as a threat to job security and has called for unity and resistance among bank employees.
The All India Bank Employees' Association (AIBEA) has called on the government to ensure sufficient recruitment in Public Sector Banks (PSBs) and stop leniency toward corporate loan defaulters. The AIBEA has announced plans for a nationwide agitation if their demands are not met.
IDBI Bank employees and officers launched the second phase of their protest against the privatisation of the bank on 19 October, 2024. The nationwide black badge protest marked a significant escalation of their opposition to the sale of the bank to private players and the toxic work culture in the IDBI bank.
UFBU calls for a statewide strike on 16 November to demand protection for bank employees amid rising violence during the 'Ladki Bahin' scheme rollout. Protests planned across Maharashtra.
IDBI Bank employees are escalating their protest against the proposed sale of the bank and toxic work conditions. The second phase of their agitation begins on 19 October 2024, with a black badge protest every Saturday.
A Bank of Maharashtra officer and a temporary employee were attacked in Nashik, highlighting growing concerns over increasing violence against bankers in Maharashtra. Unions demand stronger protection and safer work environments for bank staff.
Union Bank of India’s incognito visits, aimed at improving customer service, spark discussions among banking unions, who demand that the visits should also address employee working conditions and infrastructure.
More than 1500 employees under the banner of Federal Bank Employees’ Union (FBEU) marched to Federal Bank headquarters in Aluva, Kerala demanding better working conditions and adequate recruitment.
A nationwide strike led by the Joint Forum of Union Bank Unions took place on 27 September, showcasing widespread participation across India. This article captures key moments from demonstrations, protests, and the united stand of Union Bank employees calling for improved working conditions and staffing solutions.
