India

Banks To Remain Shut For Four Days From Sept 26; Know Why

By
OB Bureau

Several public sector banks across India will remain closed from September 26 to September 29 due to strikes and holidays.

The All India Bank Officers’ Confederation (AIBOC), All India Bank Officers’ Association (AIBOA), Indian National Bank Officers’ Congress (INBOC), National Organisation of Bank Officers (NOBO) have called for a two-day strike from September 26 to oppose merger of 10 public sector banks into four.

While September 28 is the last Saturday of the month and the following day is a Sunday.

As a result, banks will remain closed for four consecutive days.

On August 30, Finance Minister Nirmala Sitharaman had announced merger of Punjab National Bank, Oriental Bank and United Bank into second-largest PSU Bank in India.

The plan also involves merger of Canara Bank and Syndicate Bank; Union Bank of India, Andhra Bank and Corporation Bank; and Indian Bank and Allahabad Bank.

The Bank of India and Central Bank of India would remain independent, the Finance Minister had added.

 

OB Bureau

Recent Posts

Hina Khan Shares Warm Post For ‘Humble And Kind’ Salman Khan

Mumbai: Television actress Hina Khan, who is battling breast cancer, recently met host Salman Khan…

November 23, 2024

AR Rahman Sends Legal Notice To Defamers Over Link-Up Rumours With Mohini Dey

 Mumbai: Following reports of his alleged link-up with bassist Mohini Dey, renowned music composer AR…

November 23, 2024

Tamannah Bhatia & Vijay Varma Go House Hunting; Is Marriage On Cards?

Mumbai: The love story of actors Tamannaah Bhatia and Vijay Varma has not been clandestine.…

November 23, 2024

Puri Jagannath Temple Admn Receives Ratna Bhandar GPR-GPS Survey Report; Asks ASI To Start Repair Work

Puri: Shree Jagannath Temple Administration (SJTA) has received the report of the Ratna Bhandar’s GPR-GPS…

November 23, 2024

Book Review: A Redemptive Tale Of Losing And Finding

With his debut novel ‘The Other Side of the Rainbow’ published recently, Niranjan Nayak, an…

November 23, 2024

Santosh Trophy: Odisha Seal Spot In Final Round With 2 Big Wins

Bhubaneswar: Odisha outplayed Chhattisgarh 4-1 on Saturday to seal a berth in the final round…

November 23, 2024

Diljit Dosanjh Asks States To Go Dry; ‘I Will Then Stop Singing Songs On Alcohol’

Mumbai: The Telangana government’s notice barring him from singing songs promoting alcohol and drugs at…

November 23, 2024

PM Modi To Participate In ‘Odisha Parba 2024’ In Delhi Tomorrow

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

November 23, 2024