Bank Strike: If there is any necessary work related to the bank branch, then settle it on Friday i.e. March 12. This is because banks can remain unchanged for the next 4 days. In fact, the United Forum of Bank Unions (UFBU), comprising nine unions, called a two-day strike on March 15 and 16 against the proposed privatization of two state-owned banks. The State Bank of India (SBI) has said that this strike may affect the work of the bank. In Budget 2021, Finance Minister Nirmala Sitharaman announced the privatization of two public sector banks (PSBs).
If the banks remain closed on March 15, 16 due to the bank strike, then the work in the bank branches will be stopped for four consecutive days. The second Saturday is on 13 March, so the banks will remain closed. Sunday is a weekly holiday. After this, on 15 and 16 March, the bank unions called a strike. In this way, banks can remain closed for four days. However, SBI has said that all arrangements have been made to ensure normal functioning in branches and offices. Despite this, the strike may have some impact on some of its operations.
The government had already privatized IDBI Bank by selling a large stake in it to LIC in 2019. With this, it has merged 14 public sector banks in the last four years.
No effect on internet banking
The impact of the strike of the bank organizations will continue to be services like ATM, mobile and internet banking as before. The strike can have a major impact on the functioning of the branch. In such a situation, if you have any business related to the bank branch, then settle it on March 12.
10 lakh employees will join the strike
About 10 lakh bank employees and officials will be involved in the two-day strike of bank organizations. All India Bank Officers Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers Association (AIBOA) and Bank Employees Confederation of India (BEFI), National Bank Employees Federation (INBEF), Indian National Bank with AIBEA The strike has been called by other organizations including the Officers Congress (INBOC), National Organization of Bank Workers (NOBW) and National Organization of Bank Officers (NOBO).