trending Market Intelligence /marketintelligence/en/news-insights/trending/O1IUshM3Hm2-zkROdO7Vvw2 content esgSubNav
In This List

IDBI Bank staff plan 2-day strike

Blog

Banking Essentials Newsletter 2021: December Edition

Blog

Automating Credit Risk Surveillance Using Statistical Models

Blog

Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling

Case Study

A Chinese Bank Takes Steps to Minimize Risks as it Supports International Trade


IDBI Bank staff plan 2-day strike

A group of IDBI Bank Ltd. employees is planning to strike over wages Oct. 24 and Oct. 25, The Hindu Business Line reported Oct. 16.

The United Forum of IDBI Officers and Employees is planning a two-day strike after the bank's management offered a wage hike of only 7% to 8% against the group's demand for a 15% wage increase.

The employee group could not accept the proposal, according to joint convenors Ratnakar Wankhade and Vithal Koteswara Rao A.V. The group also opposes additional protection allowance and the withdrawal of certain payslip components.