Indian Banks’ Association

Bank Alert: Banks Will Be Closed For 4 Consecutive Days

Bank Alert: Banks Will Be Closed For 4 Consecutive Days

Banks across the country will remain closed for the next four days from Saturday due to the strike of various employees union in protest against other government decisions including privatization of banks. Various employees’ unions have called for a two-day strike on March 28-29. At the same time, the banks will be closed on 26 …

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Banking Work May Affect On These Dates, Because Employees Will Go On Strike

Banking Work May Affect On These Dates, Because Employees Will Go On Strike

Your bank’s work may be affected on 16-17 December, 2021. Actually 10 lakh bank employees will be on strike on these days. Negotiations between bank unions and the government remained fruitless. After which about 10 lakh bank employees will be on strike in protest against the privatization of public sector banks. This will affect the …

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Launch of Bad Bank

Government launches “Bad Bank” for stressed assets as a measure to clean up bank books

The Government has launched a Bad Bank with all the regulatory approvals in place. This was stated by Minister of State for Finance Dr Bhagwat Kisanrao Karad in a written reply to a question in the Lok Sabha today. The Finance Minister Smt. Nirmala Sitharaman, in her speech on the Budget for the financial year …

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