All India Private Sector Bank Unions’ Cell, a wing of AIBEA, has announced nationwide demonstrations on 11 November 2025. The protests aim to highlight key demands related to employment, pension, and reforms in Private Sector Banks.

The Finance Minister stated that Private Sector Banks would implement government schemes on a par with Public Sector Banks .However, official data from the PMJDY scheme indicates a clear disparity, showing PVBs' participation in account openings and deposits is significantly lower than that of PSBs.

The PSB Naari Shakti account represents a crafted product designed to meet women’s banking needs in a more holistic way combining savings, health and privileges. For women interested in enhanced benefits, it could be a useful option provided they carefully compare the terms and judge whether the additional benefits justify the choice compared to other available accounts.

From objections to RRB guidelines to debates on transparency in Bank of Baroda and Union Bank’s transfer policy — the week witnessed strong union voices and critical reviews across India’s banking sector. Meanwhile, Punjab National Bank’s Local Bank Officer post announcement, SBI Star launch, discussions on the shrinking space for small borrowers, SBI’s Q2 FY26 net profit of ₹20,160 crore, and the Finance Minister’s statement that bank privatisation will not affect financial inclusion added diverse developments to the sector. Here’s the complete round-up of major updates across the banking sector.

Despite the Union government’s claims of deepening financial inclusion, nearly one-fourth of Jan Dhan accounts in public sector banks have turned inoperative, revealing cracks in the effectiveness of the flagship scheme.

The Federation of Bank of India Officers’ Associations (FBOIOA) marked its 61st Foundation Day on November 6, 2025, highlighting when, where, why, and how the organisation was formed, along with its continuing role in supporting officers of Bank of India.

India has secured the top position in the Global Cooperative Rankings 2025, with Amul and IFFCO ranked first and second globally in the World Cooperative Monitor released by the International Cooperative Alliance (ICA).

Employees and officers of Kerala Gramin Bank have announced a one-day strike on 25 November 2025, pressing for the full implementation of wage agreements and resolution of key service-related issues.

Unions at the Bank of Maharashtra have opposed the plan to sell its long standing subsidiary METCO, calling the move unfair and risky.They urge the bank to review the proposal and focus on strengthening METCO instead of selling it.

As banks increasingly prioritise large borrowers, millions are left without access to affordable credit, deepening inequality and pushing vulnerable communities back towards moneylenders and informal debt traps. Experts warn that this structural shift threatens the very idea of financial inclusion.