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Business

India, banks to be closed for 5 days! Hurry, get you work done by this date

December 20, 2018 01:46 PM

Bank strike in December 2018: If you have scheduled any bank related work after December 20, you need to rethink because you will end up disappointed. In fact, till December 26, banks will remain closed for as long as 5 days. Reports indicate that a bank union has given a call for an all India bank strike on December 26, but a bank officers’ union too has, separately, threatened another strike on December 21.

The strike on December 21 would severely hit banking services around Christmas holidays. The All India Bank Officers Confederation (AIBOC) stated that the strike call on December 21 has been given against Indian Banks’ Associations move to leave officers in scale IV and above out of the bipartite wage settlement ambit.

If these bank strikes happen, December 21 being Friday will hamper banking services, mainly offline banking, therefore on December 22 (fourth Saturday), December 23 (Sunday), December 25- already prescribed bank holidays, there will be no work in banks. The strikes on December 21 and 26 would disturb services drastically in these day, barring December 24 (Monday).

The AIBOC, which announced 21st December strike on the issue of wage revision in 11th bipartite settlement, is demanding salary revision as per charter of demands, 5 days week banking, full mandate for officers up to Scale VII, stopping sales of third party products and scrapping of NPS.

Earlier the United Forum of Bank Unions (UFBU) had given a call for bank strike on 26th December 2018 to protest the government decision of amalgamation of Bank of Baroda, Dena Bank and Vijaya Bank.

Regarding 26th December bank strike, C H Venkatachalam, General Secretary, All India Bank Employees Association, had told PTI that the strike is against the central government move and the concerned banks going ahead with their decision of the proposed merger.

All unions under Union Forum of Bank Unions (UFBU) will take part in this strike call, Ashwani Rana, Vice President, National Organization of Bank Workers (NOBW) had reportedly said.

“Merger is not a solution. It (merger of BoB, Dena and Vijaya banks) was a unilateral decision of the government. Views of other stakeholders like shareholders and employees should have been sought,” Ashwani Rana told IANS.

 
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