Banking

AIBEA Calls for 48-Hour Strike on May 30 and 31

Reading Time: 2 minutesBank employees and officers’ wage revision is due since November 11, 2017. Finance Ministry had advised Bank management and Indian Banks’ Association (IBA) to complete the discussions well in advance and release the revised wages with effect from November 1, 2017. A report, for Different Truths.  Ten Lakh bank employees are to go on 48-hour […]

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Banks Being Penalised While Big Fraudsters are at Large

Reading Time: 4 minutesQuizzically, PNB, a victim of the world’s biggest bank fraud ever, is out of RBI’s first prompt corrective action (PCA) list. The biggest global bank fraudster, Nirav Modi, who is also facing the trial of the US Department of Justice, is still out of the reach of Indian authorities. The question is: will PCA truly […]

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