Three-day bank strike deferred following IBA-UFBU meeting

September 28, 2026 10:27 AM

Three-day bank strike deferred following IBA-UFBU meeting

The proposed three-day nationwide bank strike from September 28 to 30 has been deferred following a meeting between the Indian Banks' Association (IBA) and the United Forum of Bank Unions (UFBU).   The decision was announced by the UFBU in a circular issued on September 27 following a meeting with the IBA held at 9:30 pm.   As per the circular, a high-level committee comprising representatives of the IBA and UFBU will be formed immediately to discuss the demand for declaring the remaining ...

With clean balance-sheet Indian banking sector has enough opportunity for growth: K V Kamath

September 16, 2024 6:06 PM

With clean balance-sheet Indian banking sector has enough opportunity for growth: K V Kamath

India's banking sector is ready and fit to support the country's growth in the coming years, K V Kamath, Chairman of the National Bank for Financing Infrastructure & Development, said in an interview with ANI. Kamath said that after the government took steps to minimize the non-performing assets (NPAs) in India, the banking sector has come out of the twin balance sheet problem and is now ready to support the nation's economic growth. The issue of NPAs has been a significant problem for ban...