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

Last Updated: Sunday, August 2, 2015, 15:03

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.

Standard format for reporting bank fraud cases on anvil

Last Updated: Sunday, June 28, 2015, 15:40

"Information received from the banks are highly unstructured which makes mining of data contained in the statements very difficult. They also use different narrations for debit and credit entries which are sometimes very cryptic in nature, making it difficult to decipher the nature of transactions and hence the money trail," an official said.

This time, RBI may cut rate to spur investment: Bankers

Last Updated: Monday, June 1, 2015, 14:47

"We have surplus liquidity in the system as there has not been much credit offtake. So, repo window does not give banks any advantage as we don't borrow from banks at this point. So, the CRR window helps us bring down cost of funds. We expect and will request 0.5 percent cut in CRR, which would release about Rs 40,000 crore into the system," Bhasin added.

IBA wants govt to lower rates on small savings scheme

Last Updated: Monday, May 25, 2015, 22:00

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.

IBA to sign wage revision pact with banks unions on Monday

Last Updated: Friday, May 22, 2015, 17:31

Bank unions will be formally signing the new wage revision agreement with the industry body Indian Banks Association (IBA) on Monday, one of the heads of the unions said today.

Bank unions withdraw proposed 4-day strike after agreement with IBA

Last Updated: Monday, February 23, 2015, 17:17

PSU bank employees' union have decided to withdraw the four day scheduled from February 25 after an agreement with the Indian Banks Association (IBA) on Monday.

IBA agrees to meet bank unions today to avert strike

Last Updated: Monday, February 23, 2015, 08:17

The unions have threatened the strike to press wage-hike demand. This will be their fifth strike this fiscal.

IBA agrees to meet bank unions on Monday to avert strike

Last Updated: Sunday, February 22, 2015, 11:43

The Indian Banks Association has decided to hold further talks with leaders of public sector bank unions who have given a call for four-day nation-wide strike from February 25.

Bank employees threaten to go on 4-day strike from Feb 25

Last Updated: Saturday, February 14, 2015, 19:35

Unions of bank employees on Saturday threatened to go on a four-day strike from February 25 to be followed by an indefinite strike from March 16 if their wage hike and other demands are not met immediately.