A historic moment of unity as retired employees of Baroda UP Bank, Aryavart Bank and Prathama Bank come together to form the Uttar Pradesh Gramin Bank Retired Employees Committee.

The All India Union Bank Officer Staff Association(AIBOA) has requested the Union Bank of India to revise its officer transfer policy before beginning the 2025–26 promotion process. The association referred to directions from the Madras High Court to ensure fairness, transparency, and compliance with central government guidelines.

Written by Prof. Prabhat Patnaik, a distinguished economist and Professor Emeritus at Jawaharlal Nehru University, this opinion piece critiques the growing trend of foreign ownership in Indian banks. He warns that it undermines economic sovereignty, increases speculative risks, and further alienates small borrowers under the pressures of neo-liberal policy and corporate dominance.

India’s banking landscape is shifting as foreign players move from opening branches to investing directly in Indian banks, reflecting a more selective yet open regulatory approach by the RBI.

The All India Bank of Baroda Officers’ Union (AIBOBOU) has urged the Ministry of Finance for immediate intervention. The Union highlighted concerns regarding governance, transparency, and HR policies impacting officers across the bank.

Reports suggest that the Union government is considering a mega-merger plan for Public Sector Banks (PSBs), which could reduce their number from 12 to just three by FY27. While officials project efficiency gains, banking unions and experts warn of risks to financial inclusion, employment, and grassroots banking.

UCO Bank plans to open 150 new branches by March 2026, expanding its network to 3,472 while focusing on digital innovation, cybersecurity, and improved customer experience.

Privatising Regional Rural Banks (RRBs) - Some view it as a bold move toward greater efficiency and modernisation, while others fear it could weaken the very social mission that laid the foundation of rural banking in India. Amid this discussion, RRBs have already achieved a historic milestone - connecting with over 40 crore customers nationwide. But what does privatisation truly mean for these banks, their employees, and the millions who depend on them? This video explores the journey, the success, and the growing concerns shaping the future of India’s Rural Banks.

In the International Year of Cooperatives 2025, Kanal takes a look at the inspiring success story of Mondragon Corporation- a cooperative enterprise from Spain’s Basque region. As an alternative to the corporate model where workers have no stake over what, how and where to produce and what to do with the profits, Mondragon reflects the power of collective action and solidarity.

The Reserve Bank of India acted decisively in August, selling a net total of $7.7 billion (£6.2 billion) in foreign currency to prevent the Indian rupee from falling too sharply against the US dollar, demonstrating its commitment to currency stability.