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IBA has accordingly advised banks to restrict working hours between 10 am to 2 pm. Banks have implemented shorter banking hours on the advice of the IBA.
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Customers will be able to access basic banking facilities. Bank unions have written a letter to bring new SOPs to protect employees. Around 600 bankers lost their lives due to Covid-19 in 2020.
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The Indian Banks Association (IBA) has answered a list of Frequently Asked Questions about the technicalities of the RBI moratorium.
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The strike will be spearheaded by United Forum of Bank Unions (UFBU), an umbrella body of nine unions in the banking sector.
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Banking unions on Thursday claimed that their two-day strike over wage revision was very much successful.
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The dissatisfied bank employees are protesting against the two per cent wage hike that has been proposed by the Indian Banks' Association.
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The strike is spearheaded by the United Forum of Bank Unions (UFBU), an umbrella body of nine unions.
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Bank unions have called for a strike to protest a nominal 2 percent wage hike offered by the Indian Banks' Association (IBA).
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Bank employees have organised a demonstrations on May 29 at State Bank of India' branch main branch in Mumbai.
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During the wage negotiation meeting held on May 5 this year, the IBA had proposed to offer 2 percent hike in the wage bill cost as on March 31, 2017.
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In the wage negotiation meeting held on May 5, 2018, IBA made a propositions to offer 2 percent hike in the wage bill cost as on March 31, 2017.
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An index mapping the country’s short-term financial conditions has plunged over 12 points for the fourth quarter of the current fiscal ending March 31, as compared to the previous quarter. 
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With less than a month left for the rollout of the GST, the Indian Banks' Association (IBA) has informed a Parliamentary panel that lenders are not yet geared up for implementation of the new indirect tax regime.
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Banks will be accepting the first installments of tax payments under the  Income Disclosure Scheme 2016 with creating any hassle for the declarant or seek any source of funds.
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India will thus have only three boxers -- Shiva Thapa (56kg), Manoj Kumar (64kg) and Vikas Krishan (75kg) -- in the Games scheduled next month.
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The Financial Conditions Index has risen to 70.3, up from 67.8 in the previous quarter, according to the study jointly brought out by CII and IBA ahead of RBI's fifth bi-monthly policy review on Tuesday.
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In light of the Rs 6,100-crore Bank of Baroda (BoB) money remittance case, Indian Banks' Association (IBA) is considering a proposal to engage specialist officers only in their areas of core competencies rather than general banking business.
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The Central Vigilance Commissioner has asked the Reserve Bank of India and Indian Banking Association to remain alert on smaller forex transactions from single accounts
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All state-run general insurers are likely to issue a master mediclaim policy for bank employees through Indian Banks Association (IBA) by this month end.
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The Indian Banks Association (IBA) Monday said it has urged the Finance Ministry to bring down interest rates on small savings schemes such as the Sukanya Samridhi and National Savings Scheme.






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