Banks May Remain Closed For 5 Days Due To Holidays, Strikes

New Delhi: In view of the strike called by the United Forum of Bank Unions (UFBU), one of the bank officers’ union has called a strike on December 21, demanding an unconditional mandate for the bipartite wage revision talks.

“We called the strike on December 21 demanding a full and unconditional mandate for the Xlth bipartite wage revision talks based on a charter of demands submitted in May 2017. No headway has been made in the process so far even after 19 months since the discussion on wage revision began,” All India Bank Officers Confederation’s (AIBOC) Assistant General Secretary Sanjay Das said.

In the wake of strikes and holidays, the banks will remain closed from next Friday to Wednesday, except Monday and the banking services could adversely be affected on these days.

The banks will remain closed on December 22 and 23 on account of fourth Saturday and Sunday respectively. December 25 will be a national holiday for Christmas.

According to reports, over 3.2 lakh officers of the India Bank Officers Confederation would participate in the strike as “no perceptible initiative” was observed from Indian Banks’ Association to impress upon the five banks who have not yet submitted the unconditional mandate”.

During the strike on Friday, services at ATMs are expected to be “normal” while on December 26, ATM services would also be affected.

The strike also addressed “the controversial announcement proposing the merger of three public sector banks viz. Bank of Baroda, Vijaya Bank, and Dena.

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