banking

Govt Revalues IDBI Bank as Disinvestment Plan Enters Reset Phase Government begins fresh valuation of IDBI Bank. Decision on stake sale likely after one month. Weak market conditions and subdued stock impact strategy. Read More: https://thekanal.in/en-IN/details/govt-revalues-idbi-bank-as-disinvestment-plan-enters-reset-phase-63555 #banking

BEFI Condemns New Labour Code Impact for Workers’ Protest in Noida, Calls For Nationwide Protest Bank Employees Federation of India (BEFI) alleged new labour codes triggered protests among industrial workers in regions such as Noida, Faridabad, and nearby areas. BEFI demands higher wages and worker protections, calling nationwide protests. Read More: https://thekanal.in/en-IN/details/befi-condemns-new-labour-code-impact-for-workers-protest-in-noida-calls-for-nationwide-protest-14510 #banking

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UFBU-IBA Meeting Reviews Ex-Gratia for Pensioners, Further Talks Planned The United Forum of Bank Unions (UFBU) met the Indian Banks' Association (IBA) to discuss continuation of ex-gratia payments, pension updation, and other pending issues. While the existing ex-gratia amount will continue for now, further discussions are expected in a follow up meeting. Read More: https://thekanal.in/en-IN/details/ufbu-iba-meeting-reviews-ex-gratia-for-pensioners-further-talks-planned-44504 #banking