HDFC Bank Tightens Locker Access Rules, Revises Charges Across Cities
HDFC Bank has tightened locker access norms for customers. The changes include mandatory biometric authentication linked to Aadhaar and a revision in annual locker charges across locations.
Read More: https://thekanal.in/en-IN/details/hdfc-bank-tightens-locker-access-rules-revises-charges-across-cities-5321
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IOB Strike Call, IDBI Privatisation Escalates & RRB Pay Disputes: Weekly Banking Roundup
This week saw a strike call at Indian Overseas Bank over toxic work culture, intensified protests against IDBI Bank’s proposed privatisation, renewed push for five-day banking and OPS demands, and fresh regulatory developments involving RBI, SEBI and the Labour Department. RRBs continued to witness disputes over officiating pay, pension, overtime and staff welfare. Here’s the complete weekly wrap on key developments shaping India’s banking landscape.
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OPS Demand Reaches Indian Banks’ Association
Over 200 bank employees have urged the Indian Banks’ Association to extend Old Pension Scheme protections to NPS staff in cases of death, disability, or missing employees, intensifying the demand for pension parity and stronger social security in the banking sector.
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Cyber Fraud Crackdown: Mule Accounts & Digital Arrest Scams
Security agencies in Jammu and Kashmir froze 8000 mule accounts as cyber-fraud networks expand nationwide, with rising “digital arrest” scams also drawing concern from the Supreme Court of India.
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SEBI Revises Valuation Norms for Physical Gold and Silver Held by Mutual Funds
The Securities and Exchange Board of India (SEBI) has issued a circular on valuation of physical gold and silver held by mutual fund schemes. The circular outlines changes in valuation methodology to be implemented from April 1, 2026.
Read More: https://thekanal.in/en-IN/details/sebi-revises-valuation-norms-for-physical-gold-and-silver-held-by-mutual-funds-70657
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Alleged Denial of Pension to Eligible Retirees by Bihar Gramin Bank Draws Attention
A representation has been submitted highlighting alleged irregularities in pension disbursement. The issue concerns eligible retirees and resignees of Bihar Gramin Bank under existing pension regulations.
Read More: https://thekanal.in/en-IN/details/alleged-denial-of-pension-to-eligible-retirees-by-bihar-gramin-bank-draws-attention-55261
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UP Gramin Bank Officers’ Association Seeks Negotiable Instrument Act Holiday on March 3 Ahead of Holi 2026
The Uttar Pradesh Gramin Bank Officers’ Association (UPGBOA) has submitted formal representations seeking declaration of March 3, 2026, as a holiday under the Negotiable Instruments Act. The request has been made in view of Holi celebrations scheduled for March 4, 2026.
Read More: https://thekanal.in/en-IN/details/up-gramin-bank-officers-association-seeks-negotiable-instrument-act-holiday-on-march-3-ahead-of-holi-2026-6838
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CBEA Holds 5th Triennial Conference in Raipur; Focus on Privatisation, Labour Codes and Sectoral Challenges
Chhattisgarh Bank Employees Association (CBEA)’s 5th Triennial Conference in Raipur concluded successfully, with AIBEA General Secretary C.H. Venkatachalam addressing key banking and labour policy issues.
Read More: https://thekanal.in/en-IN/details/cbea-holds-5th-triennial-conference-in-raipur-focus-on-privatisation-labour-codes-and-sectoral-challenges-27028
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Exclusive: Indian Bank Karaikudi Zone: Officers Submit Complaint Alleging Harassment, Irregularities and Intimidation
Indian Bank Karaikudi Zone officers submit representation alleging harassment, intimidation, procedural irregularities in renovation works, and workplace rights violations, seeking impartial investigation.
Read More: https://thekanal.in/en-IN/details/exclusive-indian-bank-karaikudi-zone-officers-submit-complaint-alleging-harassment-irregularities-and-intimidation-57126
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Proposed Privatisation of IDBI: Concerns Raised in Letter to Finance Minister
Former Union Secretary E A S Sarma has written to the Finance Minister raising legal, social and policy concerns over the proposed privatisation of IDBI Bank.He highlights issues related to land assets, employee protections, reservation policies and parliamentary assurances, while questioning the implications of the ongoing disinvestment process.
Read More: https://thekanal.in/en-IN/details/proposed-privatisation-of-idbi-concerns-raised-in-letter-to-finance-minister-29453
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