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IBA News

20 May 2021

Banks reduce working hours, check timings and facilities you can avail

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.

22 Apr 2021

Alert! Banks will operate from 10 Am to 2 Pm in Maharashtra

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.

01 Apr 2020

IBA explains queries related to RBI’s 3-month moratorium on EMIs

The Indian Banks Association (IBA) has answered a list of Frequently Asked Questions about the technicalities of the RBI moratorium.

30 Jan 2020

10 lakh bankers to strike work on Jan 31 and Feb 1; banking services to be hit

The strike will be spearheaded by United Forum of Bank Unions (UFBU), an umbrella body of nine unions in the banking sector.

31 May 2018

Bank unions claim two-day strike a success, IBA to be blamed for mess

Banking unions on Thursday claimed that their two-day strike over wage revision was very much successful.

30 May 2018

Bank strike from today, salary withdrawal, ATM transactions may take a hit

The dissatisfied bank employees are protesting against the two per cent wage hike that has been proposed by the Indian Banks' Association.

29 May 2018

Over 10 lakh bankers to go on two-day strike from May 30

The strike is spearheaded by the United Forum of Bank Unions (UFBU), an umbrella body of nine unions.

Bank nationwide strike

29 May 2018

Salary withdrawal, ATM transactions to be hit as bank unions call for strike

Bank unions have called for a strike to protest a nominal 2 percent wage hike offered by the Indian Banks' Association (IBA).

Bank nationwide strike

29 May 2018

Bank unions to go on two-day nationwide strike on May 30, 31

Bank employees have organised a demonstrations on May 29 at State Bank of India' branch main branch in Mumbai.

24 May 2018

Bank unions to go on two-day nationwide strike from May 30 over wage dispute

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.

Bank nationwide strike

24 May 2018

Bank unions call for two-day nationwide strike from May 30

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.

Financial conditions

18 Feb 2018

Financial conditions deteriorate in January-March: CII–IBA report

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.

04 Jun 2017

Banks not yet prepared for GST roll-out: IBA to Parliamentary panel

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.

28 Nov 2016

Banks to accept payments under Income Disclosure Scheme till 2017 without seeking source

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.

08 Jul 2016

Boxer Neeraj Goyat failes to grab Rio Olympic spot, settles for bronze in Venezuela

India will thus have only three boxers -- Shiva Thapa (56kg), Manoj Kumar (64kg) and Vikas Krishan (75kg) -- in the Games scheduled next month.

India's financial conditions

29 Nov 2015

India's finances improve on surge in economic activity: Survey

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.

25 Oct 2015

BoB forex scam effect: IBA mulls exempting experts from general banking work

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.

Central Vigilance Commissioner

23 Oct 2015

Remain alert on smaller forex transfers from single accounts: CVC to RBI, IBA

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

Indian Banks Association

02 Aug 2015

New health cover for bank employees to be ready by month-end

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.

Indian Banks Association

25 May 2015

IBA wants govt to lower rates on small savings scheme

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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