Business

Banks Union Strike And Holidays May Affect The Transactions For 5 Days In December

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| December 20 , 2018 , 13:56 IST

Ahead of the strike called by the United Forum of Bank Unions (UFBU) on December 26, one of the bank officers' union has called a strike on December 21 demanding an unconditional mandate for the XIth bipartite wage revision talks, officials said on Wednesday.

In the wake of strikes and holidays, the banks will remain closed from next Friday (December 21) to Wednesday (December 26), except Monday (December 24) and the banking services could adversely be affected on these days.

According to media reports, the banks will remain closed on December 22 and 23 on account of fourth Saturday and Sunday respectively. December 25 will be a national holiday for Christmas.

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All India Bank Officers Confederation's (AIBOC) Assistant General Secretary Sanjay Das speaking to media said, "We called the strike on December 21 demanding a full and unconditional mandate for the XIth bipartite wage revision talks based on a charter of demands submitted in May 2017. No headway has been made in the process so far even after 19 months since the discussion on wage revision began."

He also said, "Over 3.2 lakh officers of the union would participate in the strike as no perceptible initiative was observed from Indian Banks' Association to impress upon the five banks who have not yet submitted the unconditional mandate".

The strike call also features "the burning issue of the announcement proposing to merge three public sector banks - Bank of Baroda, Vijaya Bank and Dena Bank -- and the consolidation of Regional Rural Banks," union's West Bengal unit President Subhujyoti Chattopadhyay said.

ATMS During the strike on Friday, services at ATMs are expected to be "normal" while on December 26 ATM services would also be affected.

Began

No headway has been made in the process so far even after 19 months since the discussion on wage revision began, boxing live 2 game