India

Banks To Remain Closed For 4 Days From Tomorrow; Know Why

By
OB Bureau

Bhubaneswar: The banking service will be impacted for four consecutive days from March 26. While banks will remain closed on the first two days owing to bank holidays (fourth Saturday and Sunday), they will be shut on March 28 and 29 due to strikes by various employees’ unions.

More than 5 lakh bank employees and officials are expected to participate in the strike to oppose the government’s move to privatise public sector banks and the Banking Laws Amendment Bill 2021.

According to the PNB exchange filing, the All India Bank Employees’ Association (AIBEA), Bank Employees Federation of India (BEFI) and All India Bank Officers’ Association (AIBOA) have given notice about the decision to go on a nationwide strike.

The State Bank of India said necessary arrangements have been made to ensure normal functioning of its branches and offices during the strike days. “It is likely that work in our bank may be impacted to a limited extent, by the strike,” the SBI added in a regulatory filing.

 

OB Bureau

Recent Posts

PM Narendra Modi Tweets His Excitement Over Attending ‘Odisha Parba 2024’ Today

New Delhi/Bhubaneswar: Prime Minister Narendra Modi will participate in the ‘Odisha Parba 2024’ programme on…

November 24, 2024

SEBI In Dock As Bribery Case Involving Gautam Adani, His Officials Reaches Supreme Court

New Delhi: A fresh application was filed before the Supreme Court on Sunday urging the…

November 24, 2024

[Watch] Odisha CM Disburses Subhadra Assistance To Over 20 Lakh Beneficiaries In 3rd Phase

Bhubaneswar: Chief Minister Mohan Majhi disbursed the first instalment of Rs 5,000 under Subhadra Yojana…

November 24, 2024

Low Pressure Over Bay Of Bengal Becomes Well Marked; Will It Intensify Into Cyclone?

Bhubaneswar: The low-pressure over east Equatorial Indian Ocean (EIO) and adjoining southeast Bay of Bengal…

November 24, 2024

Here’s Why Rishabh Pant Gifted Scooters To Two Factory Workers

New Delhi: Cricket fans were left gasping for breath in December 2022 when Indian wicketkeeper-batter…

November 24, 2024

ASI To Submit Schedule For Ratna Bhandar Repair Work Today: Odisha Minister

Puri: Repair work of Shree Jagannath temple's Ratna Bhandar in pilgrim town of Puri will…

November 24, 2024

Odisha Activists Rescue 20-Yr-Old Married Woman Trafficked To Maharashtra, Raped For 14 Days

Bhubaneswar: A 20-year-old married woman, allegedly kidnapped from Odisha's Nabarangpur and then raped, and held…

November 24, 2024

India Counted 640 Million Votes In A Day, California Still Counting: Elon Musk Takes Jibe At US Poll Process

New York: Slamming the prolonged delays in some parts of United States, Elon Musk on…

November 24, 2024