UCO, SBI, Union Bank, PNB & RRBs in Spotlight - A Weekly Round-up

This weekly round-up brings key developments from both Public Sector Banks and Regional Rural Banks. UCO Bank suspended staff leave till the end of September, while Union Bank unions protested against the extension of the rotation transfer timeline. In Odisha, SBI field officers were directed to maintain dummy registers, Punjab & Sind Bank came under scrutiny for allegations of favoritism in promotions, and PNB agricultural officers highlighted adverse working conditions. Among RRBs, J&K Grameen Bank correspondents alleged unpaid dues even after amalgamation, and Gujarat Gramin Bank restricted staff leave in Patan to meet targets. The week also saw the Minister of State for MSME endorse AIRRBEA’s call to protect rural banking objectives.