Bankingonly :: Bank Employees’ Unions & Officers’ Associations in India Untitled Document

Bank Employees’ Unions & Officers’ Associations in India

In Indian banking industry employees unions and officers associations are playing vital role in the working of industry. It is symbol of strong employees unions in the banking industry in India that banking industry is on the verge of  9th wage revision and the central government employees get their wage revised only the 6th time.

In banks, officers are member of associations and rest employees are member of unions.
The management of all banks are organized and named as Indian Banks Association (IBA) and this is the governing body of banking management in India. Likewise all major employees unions and associations are organized on a single forum named United Forum of Bank Unions (UFBU).

The following employee’s organizations are active in the banking industry of India:


Bank Union and Association

  • AIBEA (All India Bank Employees Association)
  • AIBOC (All India Bank Officers Confederation)
  • NCBE (National Confederation of Bank Employees), NCBISU
  • AIBOA (All India Bank Officers Association)
  • BEFI (Bank Employees Federation Of India)
  • INBEF (Indian National Bank Employees Federation)
  • INBOC (Indian National Bank Officers Congress)
  • NOBW (National Organisation of Bank Workers)
  • NOBO (National Organisation of Bank Officers)
Opinion Poll
Where Ministry of Financial Services is managing banks and RBI is supervising , Is any meaning of Indian Banks association?
It is meaningless and should be abolished It should be merge with Financial Services Deptt
It should be merged with RBI
Banking Knowledge Update
(1) An written agreement made without consideration on a credit instrument to the lender or the bank and adding strength to grant a loan to a third party 2. The banking practice whereby one bank endorses the acceptances of another bank, for a fee, making them appropriate for purchase in the acceptance
Thought of the Day
I don't feel old. I don't feel anything till noon. That's when it's time for my nap.
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