SBI Employees Association and SBIEF (BEFI) Announces Two-Day Strike, Raises Concerns Over Outsourcing, Staffing and Transfer Policy SBI Employees Association and SBI Employees Federation (SBIEF), affiliated to the Bank Employees Federation of India (BEFI), have announced a two-day strike at the State Bank of India on May 25 and 26, 2026. The unions have raised issues related to outsourcing, recruitment, transfer policy, employee welfare, HRMS outsourcing, and work pressure. Read More: https://thekanal.in/en-IN/details/sbi-employees-association-and-sbief-befi-announces-two-day-strike-raises-concerns-over-outsourcing-staffing-and-transfer-policy-69822 #banking

SBI FY26 Profit Jumps to ₹80,032 Crore as Advances and Asset Quality Improve State Bank of India (SBI) reported a net profit of ₹80,032 crore for FY26, up 12.88% YoY. The bank also recorded growth in advances and deposits, along with improvement in asset quality during the year. Read More: https://thekanal.in/en-IN/details/sbi-fy26-profit-jumps-to-80032-crore-as-advances-and-asset-quality-improve-7491 #banking

Allegations of Target Pressure in PMJJBY Drive at UCO Bank Jaipur Zone Allegations have emerged of target driven pressure during a PMJJBY enrolment drive in UCO Bank’s Jaipur Zone, with employees claiming stress and concerns over possible mis-selling, while no official clarification has yet been issued. Read More: https://thekanal.in/en-IN/details/allegations-of-target-pressure-in-pmjjby-drive-at-uco-bank-jaipur-zone-4782 #banking

SBI Strike, Union Bank Row, RRB Dharna & Labour Cases | Latest Updates from Banking This week, banking sector developments focused on labour disputes, union actions, and employee grievances. AIUBEA raised concerns over the Union Bank window dressing controversy, while legal and workplace matters involving BOIOO, IOB, and an HDFC Bank officer also remained in focus. Meanwhile, support grew for the SBI strike scheduled on May 25–26, with several bank and RRB unions extending solidarity. AIRRBEA also intensified its protest movement across Regional Rural Banks, while the Odisha Grameen Bank “skeleton row” continued to spark debate around employee accountability and social media backlash. Watch the full video to understand the key developments shaping India’s banking sector this week: https://youtu.be/9tVo6smxfw0?si=bGZWm7FZOJIkH9Og #banking

All About SBI Officer Vijaya Sharma Case: Questions on Transfer Policies, Leave Handling and Administrative Communication State Bank of India officer Vijaya Sharma’s case has raised questions regarding compassionate transfers, maternity-related leave handling, HRMS entries, resignation processing and grievance redressal mechanisms in public sector banks. Read More: https://thekanal.in/en-IN/details/all-about-sbi-officer-vijaya-sharma-case-questions-on-transfer-policies-leave-handling-and-administrative-communication-33440 #banking

Bank of Baroda Q4 FY26 Results Released; Global Business Tops ₹30 Lakh Crore Bank of Baroda reported growth in profit, advances, and deposits for the quarter and financial year ended March 31, 2026. The bank also announced a dividend of ₹8.5 per share as global business crossed ₹30 lakh crore. Read More: https://thekanal.in/en-IN/details/bank-of-baroda-q4-fy26-results-released-global-business-tops-30-lakh-crore-75778 #banking

AISBISF Staff Federation Raises Key Issues with SBI Management Over Staffing, Pension and HRMS Concerns SBI Staff Federation highlights multiple unresolved issues, including staff shortages, pension anomalies, HRMS failures, and policy delays, seeking timely action from bank management. Read More: https://thekanal.in/en-IN/details/aisbisf-staff-federation-raises-key-issues-with-sbi-management-over-staffing-pension-and-hrms-concerns-5058 #banking

Punjab & Sind Bank Officers’ Strike to Continue as AIPSBOU Alleges Exclusion from Transfer Policy Discussions All India PSB Officers’ Union (AIPSBOU), affiliated to AIBOC and AINBOF members are observing a strike in Punjab & Sind Bank after alleging exclusion from transfer policy discussions despite being the bank’s second largest officers’ union. Read More: https://thekanal.in/en-IN/details/punjab-sind-bank-officers-strike-to-continue-as-aipsbou-alleges-exclusion-from-transfer-policy-discussions-32686 #banking

BEFI Newsletter May 2026 Highlights Workers’ Struggles, Banking Reforms, and Labour Rights Concerns Bank Employees Federation of India (BEFI) Newsletter May 2026 highlights labour rights, outsourcing concerns in banking, labour codes, and public sector banking issues. The newsletter also covers May Day celebrations, trade union movements, and employment-related challenges in the banking sector. Read More: https://thekanal.in/en-IN/details/befi-newsletter-may-2026-highlights-workers-struggles-banking-reforms-and-labour-rights-concerns-11304 #banking

Exclusive: Anonymous Email Alleging Corruption Against IOB Regional Official Circulates Internally An anonymous email alleging corruption and favouritism against an Indian Overseas Bank (IOB) regional official in Varanasi circulated among employees, raising questions over internal grievance and vigilance mechanisms. Read More: https://thekanal.in/en-IN/details/exclusive-anonymous-email-alleging-corruption-against-iob-regional-official-circulates-internally-79239 #banking