BANK UNIONS CALLING FOR TWO-DAY STRIKE

HIGHLIGHTS

• UFBU has called for a two-day strike in MAR 2021 against the proposed privatization of two-state owned lenders.
• The two-day strike will begin on 15 MAR 2021.

An umbrella body of nine bank unions, the United Forum of Bank U...

2,426 WILFUL PSB DEFAULTERS OWE RS 1.47 TRILLION SAYS AIBEA

According to the list released by bank staff body, the All India Bank Employees' Association (AIBEA) on occasion of the 51st anniversary of bank nationalisation, India’s biggest 2,426 wilful defaulters owe a huge sum of Rs 1.47 lakh crore to the banks. The list also states the top 33 wh...

Deposit insurance cover might just be scrapped

The issue of deposit insurance in India has been a huge one, and it seems like the waves of this issue are not going to settle down anytime soon. This all star9tred when India's deposit cover insurance was ranked way below in the list even below some third world underdeveloped nations like br...