Sunday, July 25, 1999
IBA, unions talks fail again
The latest round of negotiations between the nine bank unions and the Indian Banks' Association (IBA) on the seventh bipartite wage settlement regarding bank employees have failed to yield any results.
37% ICICI NPAs in 3 sectors
ICICI's non-performing assets (NPAs) constitute three sectors -- manmade fibres, chemicals and iron & steel -- accounting for 37.5%, or Rs 1,399 crore.
UCO union on the warpath
UCO Bank Officers Association is on a warpath over the bank's move to restructure the administrative set-up and an attempt to disintegrate the bank and facilitate merger of its units with other banks.
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