AIBEA

AcronymDefinition
AIBEAAll India Bank Employees Association
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References in periodicals archive ?
The strike that time was called by the United Forum of Bank Unions (UFBU) -- an umbrella organisation of all nine unions including the All India Bank Officers Confederation (AIBOC), AIBEA, National Confederation of Bank Employees (NCBE) and the National Organisation of Bank Workers (NOBW).
According to AIBEA General Secretary C H Vekatchalam, cash transactions, clearance of cheques, remittances, bills discounting and foreign exchange transactions were impacted.
According to the AIBEA -- All India Bank Employees Association -- there are 406 loan defaulters that owe Public Sector Banks a whopping Rs 70,300 and top of that blacklist is Mr Vijay Mallya's Kingfisher which owes Rs 2,676 crore.
Standard Chartered Bank says it is well within its management rights in transferring its staff to meet its changing business needs and its actions are allowed under a deal signed between the management and AIBEA in November last year, according to a bank official here.
The strike was called by the United Forum of Bank Unions (UFBU) -- an umbrella organisation of all 9 unions including the All India Bank Officers Confederation (AIBOC), the All India Bank Employees' Association (AIBEA), National Confederation of Bank Employees (NCBE) and the National Organisation of Bank Workers (NOBW).
In a statement, the AIBEA said the unions in the banking sector were opposed to the merger of three banks.
The All India Bank Employees' Association (AIBEA) is opposing the purchase by LIC saying this would bring down the government's stake in the bank to below 51% which is contrary to the assurance given to the Parliament when IDBI was converted into a bank.
The All India Banks Employees Association (AIBEA) has asked the centre to retain at least 51 percent stake in the bank.
The call for strike was made by the United Forum of Bank Unions (UFBU), an umbrella body of nine unions in the sector including All India Bank Officer's Confederation (AIBOC) and All India Bank Employees Association (AIBEA).
THE All India Bank Employees Association ( AIBEA) has blown the cover off the secret list of the country's top 406 loan defaulters who together owe public sector banks a whopping ` 70,300 crore.