IBA

Timelines
Bank unions announce nationwide strike on Jan 31, Feb 1

15 Jan 2020

Bank unions announce nationwide strike on Jan 31, Feb 1

Bank employee unions on Wednesday announced a two-day nationwide strike starting January 31.

No charges on RTGS, NEFT transfers from July 1: RBI

11 Jun 2019

No charges on RTGS, NEFT transfers from July 1: RBI

The Reserve Bank of India (RBI) has decided to waive off all charges on RTGS and NEFT system fund transfers from July 1, 2019.

Now transfer money for free: RBI removes NEFT, RTGS charges

06 Jun 2019

Now transfer money for free: RBI removes NEFT, RTGS charges

In a move to boost digital transactions, the Reserve Bank of India (RBI) on Thursday removed NEFT and RTGS charges from transactions.

#BharatBandh: Nationwide strike against Modi govt's policies on Jan 8-9

07 Jan 2019

#BharatBandh: Nationwide strike against Modi govt's policies on Jan 8-9

Ten Central trade unions across India have called for a two-day-long nationwide strike on January 8 and 9 in a bid to protest against what they call "anti-people" policies of the Modi government.

10 lakh bank employees on strike: All you should know

26 Dec 2018

10 lakh bank employees on strike: All you should know

Nearly 10 lakh bank employees went on a strike on Wednesday, December 26, and it is sure to hit offline services like withdrawing, depositing cash, clearance of cheques and issuance of demand drafts.

State-run banks mull performance-linked pay for employees at the top

27 Jul 2018

State-run banks mull performance-linked pay for employees at the top

In a rare move, state-run banks State Bank of India (SBI), Punjab National Bank (PNB) and Bank of Baroda (BoB) are mulling a performance-linked salary structure for employees at the top.

Salaries to be delayed as 10L bank-employees strike on pay-day

30 May 2018

Salaries to be delayed as 10L bank-employees strike on pay-day

Banking services will be hit hard today and tomorrow as over 10L employees of state-run banks go on a 48-hour strike.

Bank-services to be hit as 10L employees launch 48-hour strike

29 May 2018

Bank-services to be hit as 10L employees launch 48-hour strike

Banking services are likely to be affected on May 30-31 after as over 10L employees of state-run banks go on a 48-hour strike.

Government may allow 100% FDI in banking: Report

17 Jan 2018

Government may allow 100% FDI in banking: Report

After allowing 100% FDI (Foreign Direct Investment) in aviation, single-brand retail, and construction, the Centre is now considering to hike the FDI limit in the banking sector to 100%.

After banks' objection, UIDAI relaxes Aadhaar enrolment rules

14 Nov 2017

After banks' objection, UIDAI relaxes Aadhaar enrolment rules

A month after the Indian Banks' Association (IBA) opposed UIDAI's directives to banks, Aadhaar's governing body has relaxed its policies a little.

Linking Aadhaar to bank account is mandatory, RBI clarifies

21 Oct 2017

Linking Aadhaar to bank account is mandatory, RBI clarifies

Hours ago, media reports emerged that RBI had denied instructing banks to mandatorily link Aadhaar to accounts.

UIDAI has no jurisdiction over banks: IBA protests directives

21 Oct 2017

UIDAI has no jurisdiction over banks: IBA protests directives

According to sources, the Indian Banks' Association (IBA) has written to the RBI, IT Ministry and finance ministry questioning whether the UIDAI has the power to issue directives to banks under the Aadhaar Act.