Banking News

AIBOC Supports Farmers Strike - Release a Press Note

All India Bankers Officers Association (AIBOC) has released the press note in support of the agitating farmers of Punjab & Haryana. The Bankers Association has supported the agitation against the Farmers Bill and its implementation. AIBOC has dema…

Lakshmi Vilas Bank – DBS Merger is Really Scandalous, Know Why ?

BJP leader and top politician, Sri Subramanian Swamy blames RBI Governor Shakti Kanta Das for the shoddy deal of Lakshmi Vilas Bank – DBS Merger. Swamy writes to the PM, requests a CBI probe on the actions of RBI officials and Governor in this LVB-DBS…

AIBEA Letter to IBA for Correcting Dearness Allowance for Nov

All India Bank Employees Association (AIBEA) has sent a letter to IBA for correcting the Dearness Allowance paid to bankers for the month of November from 81.8% to 81.9%. They have argued that the CPI index at the start of the month was 118 but offici…

RBI IWG Proposals - Banks Union Threatens For Strike

All India Bank Employees Union (AIBEA) has opposed the recommendations made by the RBI Internal Working Group (IWG) for allowing large corporates like Ambani, Adani, Tata, Birla's etc.  and other industrial houses to promote banks and permitting …

Rs 10,000 Special Festival Loan For Central Government Employees

Finance Minister has announced the Rs 10,000 special Festival Loan to its employees which they will have to utilize on festival related spending up to March 31, 2021.  The loan will be given to central government employees through a prepaid RuPay card…

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