AIBOBOU Raises Strong Objection to Bank of Baroda HR Connect Transfer Preference Mandate The All India Bank of Baroda Officers’ Union (AIBOBOU) has objected to the HR Connect preference requirement. The Union calls it unlawful and seeks withdrawal. The representation highlights concerns over exemption policy compliance and procedural fairness. Read More : https://thekanal.in/en-IN/details/aibobou-raises-strong-objection-to-bank-of-baroda-hr-connect-transfer-preference-mandate-25877 #banking

IDBI Bank Disinvestment: Cabinet Secretary Led Core Group of Secretaries Review Strategy The government has reviewed the IDBI Bank stake sale amid weak investor interest and market volatility, with officials considering changes to valuation and timelines for the disinvestment process. Read More: https://thekanal.in/en-IN/details/idbi-bank-disinvestment-cabinet-secretary-led-core-group-of-secretaries-review-strategy-79330 #banking

AIRRBEA Announce Nationwide Agitation Over Service Conditions AIRRBEA and the Rajasthan Gramin Bank Officers’ and Employees’ Association, have announced a phased nationwide agitation from May 1, 2026 demanding reforms in pension, service rules, recruitment, and staff benefits, along with improved parity with the broader banking sector. Read More: https://thekanal.in/en-IN/details/airrbea-announce-nationwide-agitation-over-service-conditions-85093 #banking

AIBOBOU Flags HR and Governance Concerns to Bank of Baroda CEO The All India Bank of Baroda Officers’ Union (AIBOBOU) has raised concerns to the leadership of Bank of Baroda over HR practices, transparency in promotions and transfers, recruitment gaps, and workplace issues, urging corrective measures to improve governance and employee confidence. Read More: https://thekanal.in/en-IN/details/aibobou-flags-hr-and-governance-concerns-to-bank-of-baroda-ceo-37934 #banking

Federal Bank Officers’ Association Warns Compromise of Professionalism Over CASA Carnival Summit Incidents in Port Blair Federal Bank Officers’ Association (FBOA) flags unwanted incidents at the CASA Carnival summit. Calls for accountability and safeguards. FBOA says it is not an isolated case and states that “recognition must inspire, not intimidate, no more silent victims in reward programs”. Read More: https://thekanal.in/en-IN/details/federal-bank-officers-association-warns-compromise-of-professionalism-over-casa-carnival-summit-incidents-in-port-blair-27916 #banking

Exclusive: Senior IOB Officials Transferred Amid Ongoing SC/ST Case, Source Flags Timing Senior Indian Overseas Bank (IOB) officials linked to the case have been transferred and promoted, according to a source, even as First Information Report (FIR) and National Commission for Scheduled Castes (NCSC) proceedings intensify scrutiny of the bank. Read More: https://thekanal.in/en-IN/details/exclusive-senior-iob-officials-transferred-amid-ongoing-scst-case-source-flags-timing-46 #banking

RBI Ombudsman Pulls Up ICICI Bank and SBFC Finance Limited Over Co-Lending Irregularities, Orders Compensation I received a favourable order from the Reserve Bank of India (RBI) Ombudsman in a case involving KYC (Know Your Customer) lapses, insurance issues, and recovery concerns. This experience highlights important gaps in the banking system and the role of persistence in seeking justice. Read More: https://thekanal.in/en-IN/details/rbi-ombudsman-pulls-up-icici-bank-and-sbfc-finance-limited-over-co-lending-irregularities-orders-compensation-98857 #banking

Nirmala Sitharaman Highlights Banking Reforms for ‘Viksit Bharat’ at SBI Pune HO Inauguration Finance Minister Nirmala Sitharaman, speaking at the SBI Pune Head Office inauguration, highlighted the need for large, resilient banks to support India’s growing economy. She referred to a proposed committee announced in the Budget to examine future challenges and reshape the banking sector for a “Viksit Bharat.” Emphasising the role of digitalisation in expanding access, she also noted the importance of preserving human interaction in banking, even as services become more technology-driven. Subscribe Channel and Watch More: https://youtu.be/61iM7OJ--IM #banking

Skeleton to Branch: Odisha Grameen Bank Clarifies Keonjhar Incident as Claim Settlement Dispute An unusual incident at the Malliposi branch of Odisha Grameen Bank in Keonjhar has sparked widespread discussion. A tribal man allegedly brought his deceased sister’s remains to the bank while seeking withdrawal of funds from her account. The bank later issued an explanation, stating the matter was related to a death claim settlement process and account withdrawal procedure. Read More: https://thekanal.in/en-IN/details/skeleton-to-branch-odisha-grameen-bank-clarifies-keonjhar-incident-as-claim-settlement-dispute-91805 #banking

Tamilnad Mercantile Bank Shares Rally 8% After Q4 Profit Jumps 28%, ₹12.50 Dividend Announced Tamilnad Mercantile Bank shares surged after strong Q4 results. Profit rose sharply year-on-year. Dividend announcement added to investor sentiment. Read More: https://thekanal.in/en-IN/details/tamilnad-mercantile-bank-shares-rally-8-after-q4-profit-jumps-28-1250-dividend-announced-55279 #banking