Bank strike: Banks open just for four days on thanks to strike, holidays

Bank strike: Banks open just for four days on thanks to strike, holidays

Banks union leaders say around four lakh workers can be part of the bank strike appeal Sept 26-27. It is conjointly being feared that many ATMs may dry up within the weekend.

Add captionBank strike: PSBs to remain shut for 4 days this week. (Photo: Business Today)
NEW DELHI: With around four 100000 bank staff sitting on a nationwide strike on Sept twenty-six and twenty-seven, most banks area unit seemingly to be open just for 3 days in the week. To protest against the mega-merger of public sector banks, a minimum of four bank unions have vulnerable to travel on a two-day strike simply before the weekend.

The weekend, too, would be a vacation as banks area unit closed on second and fourth Saturdays each month. Sunday is additionally a weekly vacation. this implies that almost all industrial banks, significantly the state-run ones, would be closed from Sept twenty-six to twenty-nine with twenty-fifth being the last operating day of the week.

All Asian nation Bank Officers' Confederation's (AIBOC) Tamil Nadu unit secretary R Sekaran said: "From Sept twenty-six to twenty-seven, four organizations representing four 100000 officers throughout the country can proceed strike. we have a tendency to area unit opposing the merger of public sector banks because it is against the final public".

He claimed that as a result of the bank strike, every day would have an effect on ₹48,000 large integer price of transactions. it's additionally being feared that many ATMs may dry out within the weekend thanks to the bank strike.

The four bank unions - All Asian nation Bank Officers' Confederation (AIBOC), All Asian nation Bank Officers' Association (AIBOA), Indian commercial bank Officers' Congress (INBOC), National Organisation of Bank Officers (NOBO) - have concerned a strike following the recent government announcement on consolidation of ten public sector banks into four.

The union leaders of banks assert that the consolidation of PSU banks is neither within the interest of the country, nor banks or their customers.

The strike decision notice additionally says that their demands embrace problems regarding wage revision of bank officers, pension up-gradation, the introduction of a five-day week, reduction in money dealings hours, regulated operating hours for officers, etc.

For bank customers, the ordeal won't live through this month because the unions have concerned associate degree indefinite strike from the second week of November if their demands aren't met.

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