organization · 3 records
Indian Banks' Association
UFBU confirms three-day bank strike
The United Forum of Bank Unions (UFBU) confirms a three-day bank strike starting September 28 following unsuccessful talks with labor authorities.
1 outlet
Banks may shut for five days as unions announce strike
Bank unions plan a three-day nationwide strike from September 28 to 30, potentially closing bank branches for five consecutive days.
5 outlets · 2 languages Markets read
Zero-MDR gave banks no return on UPI merchant onboarding costs
The Indian government is implementing a new merchant discount rate framework for UPI transactions to support ecosystem sustainability while exempting small transactions.
1 outlet Markets read