Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

AIBEA to join nationwide strike on November 26

Bank strike

The All India Bank Employees’ Association (AIBEA) on Tuesday announced that it would be joining the one-day nationwide strike on November 26. The strike has been called by central trade unions in a bid to protest against the government’s anti-labour policies.

Except Bharatiya Mazdoor Sangh, ten central trade unions will be observing a nationwide general strike on November 26.

Advertisementgreylabs

“Lok Sabha in its recently held session has passed three new labour enactments by dismantling existing 27 enactments in the name of ‘Ease of Business’, which are purely in the interest of corporates. In the process, 75 per cent of workers are being pushed out of the orbits of labour laws since they will have no legal protection under the new enactment,” said AIBEA in its official communiqué.

AIBEA represents most banks except State Bank of India and Indian Overseas Bank. Around four lakh bank employees from various public and old private lenders and a few foreign banks are its members.

Advertisement24th Elets NBFC100 Tech Summit & Awards, Mumbai

The official communiqué stated that in Maharashtra, around 30,000 bank employees from 10,000 bank branches of public sector banks, old generation private sector banks, regional rural banks and foreign banks will be observing the strike.

The participation of Union Bank employees on November 26 will also be focusing on their demands pertaining to opposition to bank privatisation, opposition to outsourcing and contract system, adequate recruitment, severe action against big corporate defaulters, inflation of rate of interest on bank deposits and reduction in service charges.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

“The present government is pushing its agenda of privatisation in the name of ‘Aatmnirbhar Bharat’, and is resorting to large scale privatisation in core sector of the economy which includes banking,” said the release.

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of News

TBX Launches B2B Bill Payments on TrustHub Through Bharat Connect for Business

Mumbai, September 22, 2026: TBX, formerly known as TransBnk, has launched its B2B Bill Payments capability on TrustHub… Read more →

Yugal Tiwari Appointed Chief Product and Marketing Officer at BharatPe

Fintech company BharatPe has appointed Yugal Tiwari as its Chief Product and Marketing Officer (CPMO), bringing extensive experience… Read more →

Abhinav Trivedi Appointed MD & CEO of Standard Chartered Capital Limited

Abhinav Trivedi has been appointed as the Managing Director (MD) & Chief Executive Officer (CEO) of Standard Chartered… Read more →

‘Digital Arrests’ Fall 67%, Investment Fraud Emerges as Growing Cybercrime Threat

Mumbai, September 17, 2026: Cybercrime patterns are rapidly evolving, with so-called ‘digital arrest’ scams declining by 67 per… Read more →

State Bank of India Digitises Savings-to-Salary Journey for Existing Customers

State Bank of India (SBI) has launched a digital Savings Account to Salary Account journey in collaboration with… Read more →

novio Partners with Indian Overseas Bank to Launch Co-branded RuPay Credit Card

novio, the consumer credit platform from Credilio Financial Technologies, has announced a strategic partnership with Indian Overseas Bank… Read more →