Kumari Palany & Co

Banks to remain closed for 5 days, finish important work today

Posted on: 20/Dec/2018 12:28:44 PM
A situation has arisen when the banks may remain closed for 5 successive days due to holidays and the proposed strike.

The All India Bank Officers’ Federation has announced their plan to go on a 1-day strike on 21st December (tomorrow, Friday) insisting on their demands including discussions on salary revision.

Further, the central government granted approval during September to the proposal to merge the 3 banks – Dena Bank, Vijaya Bank, and Bank of Baroda. As a protest against this, all banks have decided to go on strike on 26th December.

It has been informed that 3.2 Lakhs bank employees will participate on this strike.

With the new situation of the Bank Officers Federation also announcing their proposal to go on strike as mentioned above on 21st December, banks will not work on that date. As 22nd December is the 4th Saturday of the month, banks will remain closed on this date as well. 23rd December is a Sunday and hence a holiday for the banks. The banks will resume work for 1 day on 24th December. Due to the Christmas festival on 25th December, the banks will remain closed. 26th December is the proposed date of the strike by the All India Bank Employees Unions Federation. So, the banks would remain closed on 26th as well.

So, it is worth noting that except on 24th December (Monday) the banks are to remain closed from 21st to 26th December.

So the public is strongly advised to plan their proposed banking activities accordingly as per the above. While the banks have announced that all ATMs will function without any break during the above period, the information is gathered that even ATM operations may get affected during the proposed strike on 26th December.