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Punjab & Sind Bank has invited applications for Micro, Small, and Medium Enterprises Relationship Managers, but uncertainty over mergers and privatisation is discouraging jobseekers. The lack of clarity from the government is creating distrust and making it harder to attract talent.
Indian Bank staff allege late-night meetings, forced account openings, insurance pushing, and toxic HR practices despite DFS advisories, triggering widespread unrest across zones.
From the ongoing discussions over NPS fund choice in State Bank of India to Punjab National Bank’s full TDS absorption for employees — the week saw diverse developments shaping India’s banking sector. Karnataka Grameena Bank’s two-day strike, the RBI’s new silver loan policy, and rising concerns over dormant Jan Dhan accounts added to the sector’s pulse. Here’s the complete round-up of major updates across the banking sector.
The Uttar Pradesh Gramin Bank officers’ federation has reported an alleged attack on a loan recovery official in Uttar Pradesh, urging authorities to take swift action. The group says the incident has raised safety concerns among bank staff in the district.
Alert bank staff in Pathanamthitta prevented a ₹45 lakh cyber fraud attempt when an elderly customer was tricked by fraudsters posing as officials.
UDAAN 2025 brought together women officers of Bank of Maharashtra for a day of empowerment, leadership, mental wellness, AI-ready skills, and inspirational stories, celebrating collective strength.
The Ministry of Finance is holding a meeting with the heads of all major Public Sector Banks (PSBs) to review their second quarter results and assess the progress of key government backed schemes.
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.
Bankers Protest Over Govt’s ‘Double Standards’ on Diwali Celebrations
Rushi Bhatt
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