Tag: Banks
Will bank staff in India enjoy 5-day workweek, pay hike?
Bank employees in India may soon be working for just five days a week. While the Indian Banking Association (IBA) has already given its...
Deutsche Bank pays fine for staff’s unauthorised use of WhatsApp
When some employees of Deutsche Bank used WhatsApp for business communication, they would never have imagined it would lead to pay cuts. A probe...
50,000 jobs may be lost at Wells Fargo
In early September, Wells Fargo was said to be planning to cut about 25 per cent of its workforce, that is, at least 50,000...
15% increment for bank staff
Employees of 35 banks, including public-sector banks, certain foreign banks as well as a few very old private banks, will receive a 15 per...
Proposed 3-day bank strike postponed
The three-day bank strike that had been called by the members of the United Forum of Bank Unions (UFBU) in the second week of...
Two-day strike called by bank employees
Banking services may be affected in the country for two days, with many banks, including State Bank of India (SBI), participating in the strike...
Festive bonus for bank staff and Coal India employees
The Indian Banks’ Association (IBA) has ordered that a month’s salary should be credited into the accounts of employees as an advance before Diwali....
Banks attract IT professionals with attractive salaries
With businesses going digital, an IT professional with knowledge of data analytics stands a chance to get a hike of up to 25 per...
Indian banking sector to offer 5000 jobs
The small finance banks in India, including AU, Ujjivan, Utkarsh, Suryoday and ESAF will be expanding their staff by 4000 to 5000 in the...
UOB Singapore deploys robots to perform human tasks
Amy and Eve, the two robots, have helped reduce transaction time by 50 per cent in the wholesale banking and retail businesses.