Five Day Banking Inevitable
The demand for five-day banking and work-life balance started when banks were understaffed due to long years of silent ban on recruitment, which was revoked after the All India Bank Officers Confederation gave a...
Strike in Indian Overseas Bank – The Managing Director Should Avert It
Indian Overseas Bank was started in 1937 by M.Ct.M. Chidambaram Chettiar on 10 February 1937 and immediately had branches in Burma and Singapore. It was nationalized on 19th July 1969 with 13 more banks....
The Supreme Court Is Not the Supreme Wisdom
“The Supreme Court is not the supreme wisdom” is not merely an emotional reaction; it is a political consciousness that points to the class limitations of power structures. The statement made by the Chief...
Reclaiming the Right to Unionise
A truly historic development took place in the US earlier this month which has attracted little attention in India. The workers of tech giant Amazon’s New York warehouse forced the second-largest employer in their...
Why Financial Sector Strike?
Banks and Insurance were in the hands of the Private Sector only till 1969. After the nationalisation of banks in 1969 and subsequently in 1980, the outreach of the banking sector changed. Banks became...
Random Reflections- Future of Wage Revision and Trade Unions in Banking Sector – End of the Road?
After more than 3 years of negotiations, strikes and agitations, wage revision for bank employees has been signed on 11.11.2020. For the award staff it is called Bipartite Settlement as they are covered under...
Stand in Solidarity with the Bank Union Strike
Bank unions All India Bank Employee’s Association and Bank Employees Federation of India (BEFI) have called for a two-day nationwide strike today and tomorrow (January 8 and 9, 2019), in support of the general strike...
