All India Bank Employees Association

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AIBEA
All India Bank Employees Association
Founded20 April 1946(79 years ago) (1946-04-20)
Headquarters"Prabhat Nivas" Regn. No.2037 Singapore Plaza, 164, Linghi Chetty Street, Chennai 600001, India
Location
Key people
•Rajen Nagar (President) •C. H. Venkatachalam (General Secretary) [1]
AffiliationsIndependent
Website aibea.in

All India Bank Employees Association (AIBEA) is the oldest and largest national trade union of bank employees in India, was founded in 1946 on 20 April in Kolkata. [2] [3] [4]

Contents

Nationalisation of Banks in India

AIBEA demanded the nationalisation of Indian banks from as early as 1964 [5] and 14 banks were nationalised in 1969 by Indira Gandhi's government. [6] Another six banks were nationalised in 1980. [7]

1990s onward, the Government of India started implementing a policy of liberalisation [8] and started licensing private banks. [9] Tarakeshwar Chakravarti, then general secretary of AIBEA, opposed the privatisation of banks. [10]

See also

References

  1. "Aibea general secretary c h venkatachalam | Latest News on Aibea-general-secretary-c-h-venkatachalam | Breaking Stories and Opinion Articles". Firstpost.
  2. "AIBEA". aibea.in.
  3. Excelsior, Daily (20 June 2021). "AIBEA to hold National Webinars from Jul 1 to commemorate 52nd anniversary of Bank Nationalisation".
  4. Service, Tribune News. "AIBEA celebrates 72nd anniversary". Tribuneindia News Service.
  5. Mankidy, Jacob (1996). "Changing Employment Relations in Banking: The Emerging Role of Management". Indian Journal of Industrial Relations. 31 (3): 291–306. ISSN   0019-5286.
  6. "On 51st Anniversary of Bank Nationalisation on 19 July 2020: Demands of All India Bank Employees Association – Janata Weekly". janataweekly.org. Retrieved 9 November 2025.
  7. AIBEA (31 October 2019). "ABOUT AIBEA". AIBEA. Retrieved 9 November 2025.
  8. "The Success of India's Liberalization in 1991". UFM Market Trends. Archived from the original on 9 September 2021. Retrieved 9 September 2021.
  9. IndianMoney; IndianMoney. "List of Private Banks in India | IndianMoney". indianmoney.com. Archived from the original on 9 September 2021. Retrieved 9 September 2021.
  10. Rao, V. S. P. (1999). Bank Management. Discovery Publishing House. p. 353. ISBN   978-81-7141-510-6.

Trade unions in India