Chennai, Dec 16 A two-day nationwide bank strike called by United Forum of Bank Unions (UFBU) against privatisation of government banks began on Thursday, said C.H.Venkatachalam, General Secretary, All India Bank Employees’ Association (AIBEA). The UFBU is an umbrella body
Chennai, Aug 3 Indian Overseas Bank (IOB) has asked the Union Bank of India to buy its 35 per cent holding in India International Bank, Malaysia, a top IOB official said on Tuesday. The India International Bank was originally a
Chennai, Nov 11 Four unions in the banking sector on Wednesday jointly announced that their three year wage talks finally resulted in a written agreement with Indian Banks’ Association (IBA). In a joint circular issued to their members the four
New Delhi, May 9 In a relief for the common man, banks and NBFCs have off late announced rate cuts, with Union Bank of India and PNB Housing Finance Ltd joining the fray on Friday. The Union Bank of India has
Mumbai, Feb 16 State-run Union Bank of India on Thursday said that it has an outstanding exposure of about $300 million in the $1.8 billion fraud detected by Punjab National Bank (PNB) and the former was also confident of receiving the
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