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Bank Strike: Alert! Banks will remain shut for four consecutive days; ATM services to be affected

Speed News Desk | Updated on: 20 September 2019, 14:55 IST

Four bank unions- All India Bank Officers’ Confederation(AIBOC), Indian National Bank Officers’ Congress, All India Bank Officers’ Association (AIBOA) and the National Organisation of Bank Officers, have announced a two-day strike from September 26 to 27.

The strike has been called against the merger of 10 state-run banks into four bigger banks, announced by finance minister Nirmala Sitharaman last month.


However, the four bank unions have strategically announced the strike on Thursday and Friday. As on 28th September, banks will remain closed due to fourth Saturday of the month while 29th September is the weekly bank holiday.

Because of four consecutive days strike, the services of the bank will remain affected. Also, cheque clearances and ATM services might get affected because of a strike. Notably, from 30th September (Monday), bank services will be resumed.

These unions have also threatened to go on indefinite strike from the second week of November. The bank unions have also listed their nine demands in the letter, including wage revisions and a five-day a week for bank employees.

In the meantime, two other bank employees unions - Bank Employees Federation of India (BEFI) and All India bank Employees' Association (AIBEA) have announced another one-day strike on October 22 against the merger of banks.

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First published: 20 September 2019, 14:31 IST
 
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