A meeting has been called by the Secretary, DFS, Ministry of finance with United Forum of Bank Unions (UFBU) on 27 November to discuss ongoing employee related matters. The unions will share the outcome after the discussion concludes.

The All India Bank Officers' Confederation claims that the national "interest rate injustice" is caused by an acute staff shortage in Public Sector Banks and the misplaced priorities of policymakers. The union urges administrative bodies to immediately address the manpower crisis and re-evaluate their policy direction.

A failed attempt of ‘Virtual Arrest Scam’ in Thiruvalla, Kerala, shows how swift intervention by bank staff prevented a loss of ₹21.5 lakh. This incident highlights the need for stronger awareness among both bankers and the public.

The United Forum of Bank Unions has addressed the strike call issued by the All India Overseas Bank Employees Union. The communication outlines ongoing staffing shortages. It also presents long-pending demands placed before Indian Overseas Bank management

This week’s banking round-up covers key developments across Public Sector and regional rural banks. UCO Bank officers staged a dharna in Bhagalpur over stress and guideline violations, while employees in Bank of Baroda, PNB, and Indian Bank raised concerns about promotions, workload, branch closures and pressure-driven work environments. The All India We Bankers Officers’ Association (AIWBOA) also raised concerns over 16% interest charged on recovered Travel Allowance bills at PNB. AIBOBOU also filed a writ petition in the Rajasthan High Court regarding Bank of Baroda’s GEMS promotion system. Reports from Indian Bank pointed to forced targets, verbal intimidation and transfer threats. Meanwhile, RRBs faced scrutiny over delays in 12th BPS benefits and irregular transfer norms. Here’s the complete round-up of major updates across the banking sector.

Odisha Grameen Bank Customer Service Associates flag forced gold-purity checks violating 12th BPS, highlighting rising workload pressure and widening gaps in HR compliance.

Indian Overseas Bank suspended Assistant Manager on probation after he recorded alleged abuse by senior officers and filed a police complaint, citing himself as a victim of misbehaviour.

Conciliation proceedings on All India Regional Rural Bank Employees Association demands were held in Delhi. Key authorities reviewed implementation gaps and advised strict timelines.

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.