Finance Ministry asks PSBs to complete wage revision process in next 12 monthsPublic sector banks must begin wage revision talks for employees and officers. Negotiations for the 13th Bi-partite settlement are to be fi...
26 Apr, 2026, 01.23 PM IST
Consumption sustaining growth; predictable support essential for GDP expansion: FMUnion Finance Minister Nirmala Sitharaman highlighted that domestic consumption is driving India's economic growth, emphasizing the need fo...
24 Apr, 2026, 03.28 PM IST
Central Bank MD M V Rao elected IBA chairmanCentral Bank of India's MV Rao elected chairman of the Indian Banks' Association (IBA). State Bank of India's Dinesh Kumar Khara, Indian Ba...
21 Mar, 2024, 04.28 PM IST
International Boxing Association threatens IOC with legal action for breach of contractIn an open letter to IOC president Thomas Bach ahead of the global sports body's executive board meeting on Tuesday, IBA has said its compe...
27 Mar, 2023, 04.56 PM IST
COVID impact: IBA asks SLBCs to take decision on functioning of banks based on local situation"We are also suggesting SLBC convenors to separately call meetings of all stakeholders including Chief Medical Officers and senior level go...
22 Apr, 2021, 03.45 PM IST
IBA forms groups to finalise wage negotiation for public sector bank employeesIBA and bank unions agreed upon a 15% hike over the base wage bill of Rs 52,625 crore, which was the cumulative wage bill -- of all public ...
14 Aug, 2020, 03.22 PM IST
Lakshmi Vilas Bank initiates action against senior executives, prunes staff strengthNearly 5% of staff at the bank have quit in the past few months after the proposal to merge with IndiaBulls Housing Finance was turned down...
17 Mar, 2020, 10.06 PM IST
PSU banks: Pitch ready for performance-linked incentives to employeesPerformance-linked incentives may be computed annually after declaration of banks’ annual results.
19 Nov, 2019, 02.29 PM IST
IBA proposes just 2% pay hike due to NPAs; bank staff to protest on May 9Following the wage revision talks between the IBA and United Forum of Bank Unions, employees have decided to protest by holding a demonstra...
07 May, 2018, 07.33 AM IST
Indian Banks Association discusses PNB fraud"The discussion centred around how to recover the money [from those involved in the fraud]," said a banker without disclosing the details.
17 Feb, 2018, 08.54 PM IST
IBA mulls exempting experts from general banking workFollowing the alleged Rs 6,100-crore Bank of Baroda black money remittance case, the need was felt the lenders should have expertise in sur...
25 Oct, 2015, 11.57 AM IST
Philips Healthcare to provide proton cancer therapy with IBA in IndiaPhilips Healthcare has entered into an exclusive agreement with Belgium-headquartered IBA to provide proton therapy solutions in India.
12 Jun, 2015, 04.40 PM IST
Finance Ministry wants PSBs to promote lower grade staff on meritArun Jaitley had raised the issue of shortage of officers at the senior levels in public sector banks during the bankers retreat in Pune.
12 Apr, 2015, 02.10 PM IST
- Fin inclusion, UID to be dovetailed for greater benefits
The financial inclusion plan of catering to the unbanked population and the UID project will be integrated for better benefits to the peopl...
23 Sep, 2010, 10.05 PM IST
- KC Chakrabarty named RBI deputy governor
Kamalesh Chandra Chakrabarty, chairman and managing director of Punjab National Bank (PNB), has been selected as deputy governor of the Res...
03 Jun, 2009, 02.17 AM IST
- Government to hold 51 percent stake in public banks
In an attempt to ward off public sector banks unions' proposed two-day strike, the government on Sunday promised to retain 51 per cent stak...
14 Sep, 2008, 08.09 PM IST
- Deutsche Bank to hire over 1,000 in India
Bank plans to hire more than 1,000 people for its back-office operations in India and open front-end offices in the UK and US to facilitate...
22 Feb, 2008, 02.54 AM IST