Bank strike in India News: The United Forum of Bank Unions (UFBU), which represents nine trade unions, said they will also hold a three-day strike from March 11-13. UFBU is seeking at least a 15-per cent hike, but the IBA has capped the raise at 12.25 per cent

Bharat Bandh 2020 Updates: Banking services across Telangana severely hit by the nationwide strike called by various trade unions protesting the central government's 'anti-people' policies

Bharat Bandh 2020: Banking services were hit, while some Congress and CPI leaders were taken into custody in Andhra Pradesh for participating in the protest

Bank strike: The State Bank of India (SBI) has said that it expects a minimal impact of the bank strike on its operations, whereas Bank of Baroda fears the strike will affect its functioning

Banks have been informed by Indian Banks' Association that bank unions including AIBEA, AIBOA, BEFI, INBEF, INBOC, BKSM, will go on a pan-India general strike on January 8

The government will charge a penalty of Rs 5,000 per day in case of failure to provide these platforms; the penalty will be applicable from February 1, 2020

Sitharaman said in the past there had been worries and concerns among bankers about investigating agencies, which impacted bonafide decisions

Indian Banks Auctions Mortgaged Properties Information (IBAPI) portal is an initiative of Indian Banks Association under the policy of the Department of Financial Services, Ministry of Finance to provide a platform to provide details of mortgaged properties to be auctioned online by Banks, starting with PSBs

PMC Bank was amongst 46 banks -public, private, rural and multi state cooperative - to take part in the broad basing of NPCI's equity shareholding from the initial 10 large scheduled commercial banks.

The research would help in better diagnosis of Alzheimer's disease and other brain ailments

The government bank employees can opt out or take the part arrear payments, in which case, the amount credited will not be less than Rs 50,000 and may even exceed Rs 1 lakh

Now, as the Finance Secretary has taken cognisance into the matter and has promised to provide positive and workable solution, the 48 hours strike had been deferred, a joint statement said. 

Currently, the National Electronic Funds Transfer (NEFT) operated by the RBI as a retail payment system is available for customers from 8 am to 7 pm on all working days with the exception of second and fourth Saturdays of a month

Improving fraud risk management and deepening digital payments were some of the other key issues discussed in the pre-policy meeting on Friday.

It's a wait-and-watch till July 5 on how things finally unfold and whether the common man's challenges are reduced and the housing sector gets the required boost.

The Public sector bank (PSB) employees have renewed their demand that has been pending for long after the government's decision to clear the pension issues for the Reserve Bank of India (RBI) earlier this year.

No NEFT, RTGS charges: The RBI had also asked banks to pass on the benefits of the same to its customers.

The real-time gross settlement (RTGS) system is meant for large-value instantaneous fund transfers, while the national electronic funds transfer (NEFT) system is used for fund transfers of up to Rs 2 lakh