Banks likely to remain closed for 4 consecutive days next week
Team Udayavani, Sep 21, 2019, 4:40 PM IST
Image for representation
Mumbai: If the two-day strike planned by the officers’ unions materializes then most bank branches in India would be closed for four consecutive days from September 26 to 29.
Four officers’ unions of public sectors banks have called for a two-day strike, starting September 26 to protest against the recently-announced mega-merger of 10 state-run banks into four banks. September 28 being the fourth Saturday of the month is a bank holiday and the banks are slated to reopen for business only on Monday, September 30.
Bank customers can take some solace in the fact that internet banking and online RTGS/NEFT/IMPS/UPItransfers will be available on Thursday and Friday as the strike is not a bank holiday. However, there is a likelihood of ATM services getting affected during the period.
As per the mega-merger plan announced by the government, United Bank of India and Oriental Bank of Commerce are to be merged with Punjab National Bank, making the proposed entity the second largest public sector bank (PSB).
Syndicate Bank is to be merged with Canara Bank, while Allahabad Bank will be merged with Indian Bank. Andhra Bank and Corporation Bank will amalgamate with the Union Bank of India.
Earlier this year, Bank of Baroda merged Vijaya Bank and Dena Bank with itself to become the second largest public sector lender.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Amazon India introduces AI chatbot Rufus ahead of festive sale event
Investors’ wealth surges Rs 6.24 lakh cr as markets soar to record high levels
PHF Leasing Limited widens its presence in Madhya Pradesh
Sensex soars 1,360 pts to close above historic 84,000 mark on global stocks rally
Indian equity markets rally in early trade tracking firm global peers
MUST WATCH
Latest Additions
Ramanagara: Man assaults security guard, claims to be DCP’s son, CM Siddaramaiah’s relative
Services on Supreme Court’s YouTube channel resumes
Karnataka likely to reject Kasturirangan report again?
Sinkhole swallows up truck, motorbike on Pune post office premises
Gauhati HC quashes appointment of 935 police constables in Nagaland
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.