The country’s largest bank SBI on Tuesday said that various employees’ unions have called for a two-day strike on March 28-29. This may affect bank services.
State Bank of India said in the information given to the stock exchange, “The bank has made necessary arrangements to ensure normal functioning of its branches and offices during the days of the strike, but it is feared that the work in the bank will be affected to some extent due to the strike.” It is possible.”
What is the reason: The strike has been called in protest against the government’s privatization of public sector banks and the Bank Law Amendment Bill 2021. According to SBI (State Bank of India), the Indian Banks Association (IBA) has informed that All India Bank Employees Association (AIBEA), Bank Employees Federation of India (BEFI) and All India Bank Officers Association (AIBOA) have issued notices to the countrywide Information has been given about the decision to go on strike.
4 consecutive days off: Banks will remain closed for four consecutive days from 26 to 29 March due to the strike. Actually, March 26 is the fourth Saturday of the month while March 27 is a Sunday. These are weekly holidays. Apart from this, work will be affected due to the strike on 28-29 March.