Bank Strike: Banks will remain closed for several days in March, in the meantime, the hardships of the banks may increase. Bank unions have announced a strike this month against the merger of banks.
New Delhi: Bank Strike: If any important work of the bank is pending, then settle it immediately because there is going to be a strike in the public banks. Canara Bank has warned its customers that their banking services could be affected due to the proposed strike.
Bank unions strike on 15-16 March
Canara Bank has informed that we have been informed by the Indian Banks’ Association (IBA) that the United Forum of Bank Unions (UFBU) has announced a strike in the banking industry on 15 March and 16 March. Canara Bank has said that even on the day of the proposed strike, they are taking all necessary steps to ensure smooth functioning in the branches and offices of the bank, although the functioning may still be affected.
Strike against merger of banks
All Bank Unions All India Bank Employees ‘Association (AIBEA), All India Bank Officers’ Confederation (AIBOC), NCBE, AIBOA, BEFI, INBEF, IBOC, NOBW, NOBO and AINBOF announced strike against proposed merger of two banks is.
Announcement of merger of banks in the budget
Let us tell you that the government has decided to privatize two public sector banks and one insurance company in the budget 2021. The government has already merged 14 state-run banks during the four years. In 2019, the government sold majority share of IDBI Bank to LIC. At present there are 12 government banks in the country. After that their number will be reduced to 10. Two banks will be privatized in FY 2021-22. For the next financial year, the government has set a target of disinvestment and privatization at Rs 1.75 lakh crore.
How often will banks be closed this month
There will be banks for several days this month. March 11 is Maha Shivaratri, due to which banks will be discharged. After March 16, March 21 will be a Sunday holiday. March 22 is Bihar Day and there may be a holiday for the banks. The fourth is on Saturday 27 March and Sunday on 28 March. Due to this, banks will remain closed for two consecutive days. Banks will remain closed due to Holi on 29 March.
