All India Bank Employees Association | |
| Founded | 20 April 1946 |
|---|---|
| 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] |
| Affiliations | Independent |
| Website | aibea |
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]
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]