Bank holiday alert: Banks to remain close for 4 straight days from Saturday
Banks will be closed for two-day strike on March 15 (Monday) and March 16 (Tuesday)
New Delhi: In case you have to drop a cheque, need to visit the bank for some work or want to open a new account, one must note that from all banks in the country will remain shut for four days starting from March 13. While March 13 and 14 are the second Saturday and Sunday, bank unions have called a countrywide strike on March 15 (Monday) and 16 (Tuesday).
Public sector banks (PSBs) in the country under the uniform body of Union Forum of Bank Unions (UFBU) of nine unions have staged for a two-day strike on March 15 and March 16 as a mark of protest against the planned privatisation of two major state-owned lenders by the central government as well as its result to allow all private-sector lenders in the government-related business.
However, it must be noted that the bank holidays are different in various states as well not observed by all the banking companies. The holidays also depend on the festivities being observed in specific states or notification of specific occasions in those states.
SBI in a regulatory filing said, “We have been advised by lndian Banks Association (lBA) that united Forum of Bank Unions (UFBU) which comprises 9 major Unions, viz. All lndia Bank Employees'Association (AIBEA), All lndia Bank Officers' Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All lndia Bank Officers' Association (AIBOA), Bank Employees Federation of lndia (BEFI), lndian National Bank Employees Federation (INBEF), lndian National Bank Officers' Congress (INBOC), National Organisation of Bank Workers (NOBW) & National Organisation of Bank Officers (NOBO), has given a call for all lndia strike by Bank Employees on 15th & 16th March, 2021.”
CHECK OUT THE HOLIDAYS FOR NEXT WEEK
· March 13: Second Saturday
· March 14: Sunday
· March 15: Bank strike
· March 16: Bank strike
· March 21: Sunday