The impact, in a word, will render banking out of joint, and cause tremendous inconvenience to individual clients, the corporate sector, and the government in the wider canvas not the least because banks are largely nationalised ever since 1969, the high noon of the Indira Gandhi dispensation.
In view of the situation, banks are making arrangements to ensure that customers don't face any major problems during this period and extra cash is already being dispatched to ATMs to maintain the cash flow.
Banks would be closed on Friday, December 21, on account of a strike called by the All India Bank Officers Confederation (AIBOC). December 22 is the fourth Saturday of the month which is the official off for the banks followed by December 23 which is a Sunday.
The two major unions in the banking sector – All India Bank Employees’ Association (AIBEA) and All India Bank Officers’…
Banking services in the national capital region (NCR) were affected on Tuesday as lakhs of bank staff began their one-day…
The United Forum of Bank Unions (UFBU) has given notice of their decision to go on nationwide strike on August…
Around one million bankers will go on strike on February 28 following the failure of conciliation talks between the United…
Around one million bankers will go on strike on February 28 following the failure of conciliation talks between the United…
Around one million bankers will go on strike on February 28 following the failure of conciliation talks between the United…
