Feature Post

UFBU Calls Off Nationwide Bank Strike on 24th and 25th Mar 2025 After Assurances from Finance Ministry and IBA

I n a significant development on March 21, 2025, the United Forum of Bank Unions (UFBU) has decided to call off their two-day nationwide strike, which was originally planned for March 24 and 25. This decision was made after the UFBU received positive reassurances from both the Finance Ministry and the Indian Banks’ Association (IBA) regarding their key demands. The banking unions, under the umbrella body of UFBU, represent employees from nine major unions across the country, including AIBEA, AIBOC, NCBE, AIBOA, and BEFI. The unions had earlier called for the nationwide strike to protest against several ongoing issues that they believe impact the welfare and job security of bank employees. Key Issues Behind the Proposed Strike The strike was initially called by UFBU to address a range of pressing concerns, some of which have been lingering for years. The union's main demands included: Five-Day Workweek for Bank Employees:  One of the most anticipated demands was the implementation o...
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Banking as a Career

Banking as a career is a good option. It is best suited for those people who want to work in the field of commerce and accounts. Although people from other than commerce stream also can avail the opportunity to work in banking sector, commerce stream gives ample opportunity to grow in this sector. Banking is the base of economy. So, it is a rewarding career and respectable in society also.

New banks are being introduced from outside India and RBI also is planning to introduce some new banks. Public Sector Banks, Private Banks, Foreign banks, Rural Banks like so many options are available for making career in this sector. Some private institution also providing special banking skills based training. NIIT is the example that has formed Institute of Finance Banking & Insurance (IFBI) with participation from ICICI bank. Some universities also providing management programmes specialized in Banking and Insurance that can help to make better career in Banking sector.    

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