The Real Haircut Isn’t for Defaulters. It’s for India’s Public Sector Banks
There is something fundamentally wrong with a banking system where employees are expected to account for every missed target, every […]
AIBEA
Opinion | RBI fines should hurt those responsible—not just the bank
Every time the Reserve Bank of India (RBI) imposes a monetary penalty on a bank, a familiar sentence appears in
Bank Employees’ Union pledges support for border communities amid India-Pak tensions
The All India Bank Employees’ Association (AIBEA) has announced a series of measures to support residents and security forces in
Bank Unions to proceed with strike as conciliation talks fail
The proposed two-day nationwide strike by public sector bank employees on March 24-25 remains on track after a conciliation meeting
Toxic work culture in Indian banks: A crisis ignored for too long
From caste-based harassment to violent attacks on bank staff, the working conditions in banks are deteriorating at an alarming rate
AIBEA Condemns Attack on Union Bank Manager, Calls for Urgent Action on Staff Safety
In a statement, AIBEA General Secretary C.H. Venkatachalam expressed deep concern over the growing threat to bank employees.
AIBEA condemns alleged harassment of women officers at Union Bank of India
According to the AIBEA, the incident occurred on February 12, 2025, when the two women, both Relationship Managers, were summoned without prior notice to the Regional Office at 9:30 AM
Budget 2025 fails to address core issues, says AIBEA
Venkatachalam of AIBEA has criticised the Union Budget saying the Government has failed to live up to the aspirations of the country.
AIBEA Urges Finance Minister to Exempt Public Sector Banks from Deposit Insurance Scheme
The move, AIBEA asserted, would allow commercial banks to retain more capital, improve profitability, and enhance their capacity to support economic growth.
AIBEA urges Government to strengthen PSBs ahead of Budget 2025
AIBEA reiterated its opposition to the privatization of public sector banks, particularly calling for the government to retain a minimum 51% stake in IDBI Bank. The letter also urged Bank of Baroda to merge its subsidiary, Nainital Bank, rather than selling it. Additionally, the association raised concerns about aggressive cross-selling of insurance products by banks, calling for a renewed focus on core banking services.