Home Uncategorized Bank strike date: Your lender may be closed for these many days

Bank strike date: Your lender may be closed for these many days

Bank strike date: There is an important alert for those planning to visit banks! As per media reports, the banking services might be affected for four days in March. The reason behind this development is that government bank employees have announced they may observe two days’ strike against privatization of public sector banks (PSBs). This may lead to closure of banks for four days in March, said Aaj Tak report.  

This comes after Union Finance Minister Nirmala Sitharaman had announced to privatise two more banks during her Budget 2021 speech. Protesting privatization of Banks, PSB employees and organization have announced strike on March 15 and 16.  Besides, March 13 is second Saturday of the month and March 14 is Sunday, taking the probable closure of banks to four days.    

The call has been taken by unions of 9 banks United Forum Of Bank Unions. There is fear among bank employees as any small or big bank can be part of this privatization move by the government.

Bank unions have been aggrieved after the announcement of privatization of two public sector banks. The bank strike announced by the employees of government banks will lead to closure of banks for four days.  

Earlier, the government had done privatization of IDBI bank in 2019 and 14 banks altogether in the last four years.  

Members of UFBU include All India Bank Employees Association (AIBEA), All India Bank Officers’ Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers’ Association (AIBOA) and Bank Employees Confederation of India (BEFI).  

Others are Indian National Bank Employees Federation (INBEF), Indian National Bank Officers Congress (INBOC), National Organisation of Bank Workers (NOBW) and National Organisation of Bank Officers (NOBO).

Source :- msn.com

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