Banks Will Be Closed For 4 Days As Employees Declare Massive Strike Against Mergers Of PSBs

Recently, Govt of India announced some big-bang mergers of 10 public sector banks, which will drastically reduce the total number of PSBs, and also cut tons of jobs.

Now, bank employees have declared a massive strike against these mergers, and this means, more inconvenience for the customers.

Infact, banks will be closed for 4 days this September.

Banks Will Be Closed For 4 Days In September

Four bank employee unions have announced a massive strike against the bank mergers, as announced by Govt. of India.

The strike will start from the midnight of September 25th, and will end on the midnight of September 27th.

This means, banks will be closed for 4 days in the month of September.

This is how: September 26th and September 27th, are Thursday and Friday, meanwhile September 28th is Saturday, which is a weekly off, and September 29th is Sunday.

Hence, banks will be closed for 4 days from September 26th (Thursday) to September 29th (Sunday)

The four employee unions which are participating in the strike are: All India Bank Officers’ Association (AIBOA), All India Bank Officers’ Confederation (AIBOC), National Organisation of Bank Officers (NOBO), Indian National Bank Officers’ Congress (INBOC)

The Reasons For This Strike

Bank mergers, and loss of jobs is the one of the main reasons of this massive bank strike, but, there are other reasons as well.

• 5 Days working week should be made compulsory across all banks
• Cash transaction hours should be reduced in all banks
• Working hours should be regulated for all bank employees
• There should be no external agencies involved while investigating the vigilance cases
• Harassment of bank officers in the name of non-performance should be stopped
• Service charges for the customers should be reduced for all banking related transactions
• Issues related with the retirement age of the employees should be resolved on priority
• Banks should start more recruitment

Deepak Kumar Sharma, general secretary, AIOBC (Chandigarh) has confirmed this development, and also stated that bank employees will go on an indefinite strike in the first or second week of November, related to these same issues.

If you have banking related tasks, then wrap them before September 25th, as the strike will result in closure of the banks for 4 days, and there can be some inconvenience for all the customers.