In an exclusive interview with Kanal Media, Telangana Grameena Bank Chairperson Y. Sobha discusses the historic amalgamation of Andhra Pradesh Grameena Vikas Bank's branches into TGB, effective January 1, 2025. This strategic move, part of the "One State, One Rural Bank" initiative, expands TGB's network and business volume of approximately ₹70,000 crore, enhancing banking services across Telangana. Chairperson Sobha highlights the seamless transition and its positive impact on customers and employees.
The United Forum of Bank Unions (UFBU) has called for a two-day nationwide bank strike on 24-25 March 2025, demanding recruitment, a five-day work week, and job security. A dharna will be held before Parliament on 3 March 2025. The agitation has gained momentum with over 250 bank employees protesting at SBI Treasury Branch, Pune, reinforcing key demands.
The 15th Triennial Conference of AIRRBEA took place in Ballari on February 8-9, 2025, bringing together nearly 1,000 delegates from across the country. Hosted by the All Karnataka Gramin Bank Employees Federation, this historic event focused on crucial issues including women centric, demands, and future directions for Regional Rural Banks (RRBs)
Complaint filed against Assistant General Manager and Chief Regional Manager of Indian Overseas Bank(IOB) for alleged caste-based discrimination and physical assault.
“Sending a clerical employee out of the branch and telling them not to return without achieving targets will adversely affect the core activities of the bank”- Bank Employees Federation of India(BEFI) demands immediate action to stop pressure tactics and ensure compliance with employee agreements and workplace rights.
Among the total strength of approximately 20,000 permanent employees of IDBI Bank, around 50% belong to reserved categories. Stakeholders raise concerns about the potential impact of IDBI Bank’s privatisation on the implementation of reservation policies, affecting inclusivity and representation of backward sections of society.
Kerala High Court’s landmark verdict favours HDFC Bank Staff Union, reinforcing employee rights to unionise and rejecting corporate misuse of trademark laws to suppress trade unions. A crucial win for collective bargaining in the banking and IT sectors.
As debates intensify over the ethical implications of SBI floating an asset management company, banking union leaders highlight concerns about shifting priorities from core banking activities to profit-driven ventures like SBI Mutual Fund.
AIBEA announces a nationwide agitation plan demanding 5-day workweek, adequate recruitment, and employee protection. This follows AIBOC's February strike, signaling significant disruptions in banking services.
