Eatala Rajender Writes to Nirmala Sitharaman Seeking Early Revision of RRB Promotion Rules A representation has been submitted regarding promotion delays in Regional Rural Banks (RRBs). The letter requests faster revision of promotion rules for employees. The matter highlights concerns about career progression for RRB staff. Read More: https://thekanal.in/en-IN/details/eatala-rajender-writes-to-nirmala-sitharaman-seeking-early-revision-of-rrb-promotion-rules-69702 #banking

Tamil Nadu Grama Bank Unions Announce One-Day Strike Over Outsourcing and Employee Welfare Demands Tamil Nadu Grama Bank unions have announced a one-day strike on March 30, 2026. The protest has been called over concerns related to outsourcing of Office Attendant posts and several employee welfare issues. Read More: https://thekanal.in/en-IN/details/tamil-nadu-grama-bank-unions-announce-one-day-strike-over-outsourcing-and-employee-welfare-demands-98938 #banking

PSBs Earn Over ₹4,532 Crore from Third-Party Financial Products in Two Years: Government Public Sector Banks earned over ₹4,532 crore in commission from selling third party financial products in the last two years, the government informed the Rajya Sabha, while noting that RBI has proposed new guidelines to regulate such activities and strengthen customer protection. Read More: https://thekanal.in/en-IN/details/psbs-earn-over-4532-crore-from-third-party-financial-products-in-two-years-government-55907 #banking

Government Highlights EASE 8.0 Reforms and Progress of Public Sector Banks in Rajya Sabha The Government informed the Rajya Sabha that Public Sector Banks are implementing the EASE 8.0 reform programme in FY 2025 26 to strengthen governance, improve customer service, expand digital lending and enhance risk management, with progress being monitored through regular evaluations Read More: https://thekanal.in/en-IN/details/government-highlights-ease-80-reforms-and-progress-of-public-sector-banks-in-rajya-sabha-11629 #banking

RRB Conclave 2026 Discusses Next-Gen Reforms and Opportunities for Regional Rural Banks*RRB Conclave 2026 Discusses Next-Gen Reforms and Opportunities for Regional Rural Banks The Indian Banks’ Association (IBA) organised a one-day RRB Conclave 2026 in New Delhi. The event focused on next-generation reforms and future opportunities for Regional Rural Banks. Read More: https://thekanal.in/en-IN/details/rrb-conclave-2026-discusses-next-gen-reforms-and-opportunities-for-regional-rural-banks-50 #banking

Fino Bank CEO Arrest and Bihar Microfinance Regulation Move Authorities have launched a GST evasion investigation involving Fino Payments Bank, with the arrest of its CEO linked to alleged transactions through shell firms and online gaming funds. Meanwhile, Bihar has passed a new microfinance regulation bill aimed at preventing coercive lending practices, though RBI-regulated lenders are expected to remain outside its scope. Subscribe Channel and Watch More: https://youtube.com/shorts/eV-ZNmOeUQI?si=clMWzGYlYwEl8q9r #banking

RRB Staff Raise Pay and Leave Concerns as PLI Implementation Remains Pending Employee grievances have surfaced in Regional Rural Banks as unions in Tripura Gramin Bank protested post-facto leave rejections, while officers of Chhattisgarh Rajya Gramin Bank demanded the release of officiating pay allowance. Reports also highlight that the Performance Linked Incentive (PLI) framework remains unimplemented in many RRBs despite earlier policy discussions. Subscribe Channel and Watch More: https://youtube.com/shorts/z9MQG-gGVIc?si=ZfJcJ42wfc1EemKS # #banking

Bank of Baroda ESCORTS Scheme Faces Transparency Questions, AIBOBOU Demands Audit of Welfare Fund A circular issued by the All India Bank of Baroda Officers’ Union (AIBOBOU) has raised questions regarding transparency and financial disclosures in the ESCORTS welfare scheme meant for families of deceased officers. Read More: https://thekanal.in/en-IN/details/bank-of-baroda-escorts-scheme-faces-transparency-questions-aibobou-demands-audit-of-welfare-fund-54132 #banking

RRB Staff Raise Pay and Leave Concerns as PLI Implementation Remains Pending Employee grievances have surfaced in Regional Rural Banks as unions in Tripura Gramin Bank protested post-facto leave rejections, while officers of Chhattisgarh Rajya Gramin Bank demanded the release of officiating pay allowance. Reports also highlight that the Performance Linked Incentive (PLI) framework remains unimplemented in many RRBs despite earlier policy discussions. Subscribe Channel and Watch More: https://youtube.com/shorts/z9MQG-gGVIc?si=ZfJcJ42wfc1EemKS #banking

RBI Imposes ₹63.6 Lakh Penalty on CSB Bank for Non-Compliance with BC, Account Charge Guidelines RBI has imposed a ₹63.6 lakh penalty on CSB Bank for non-compliance with guidelines related to Business Correspondent arrangements and account maintenance charges. Read More: https://thekanal.in/en-IN/details/rbi-imposes-636-lakh-penalty-on-csb-bank-for-non-compliance-with-bc-account-charge-guidelines-11868 #banking