Banks closed today: From SBI to Bank of Baroda, services at these banks to be hit
Banks closed today: Services at several banks including country's largest lender -State Bank of India - are set to get hit today i.e. January 8. Here is all you need to know about the same.
Banks closed tomorrow: Services at several banks including country's largest lender -State Bank of India - are set to get hit today i.e. January 8. Thousands of bank employees have threatened to sit on a day-long strike because of which services at many banks as well their ATM branches could be affected on Wednesday. The bank strike call has been given employees' of five banks. It was supported by one other union. The demands include a pay hike besides a uniform 5-day week. The All India Bank Officers Confederation (AIBOC) has issued a circular asking members to not demand nor accept any keys tomorrow. They have also been asked to not perform any clerical duties and join the protest.
Last month, AIBEA, All India Bank Officers Association (AIBOA), Bank Employees Federation of India (BEFI), Indian National Bank Employees Federation (INBEF) and Indian National Bank Officers Congress (INBOC) had jointly issued a circular on its decision to join the strike.
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Among banks, the State Bank of India has clarified that its operations will not be hit that much. SBI said that since only a few of its employees are part of the strike, the impact on its operations will be minimal. "The membership of our bank employees in unions participating in the strike is very few, so the impact of the strike on banks operation will be minimal," SBI has told stock exchanges.
The third-largest bank in India, Bank of Baroda however, believes that its operations could be affected.
"The bank is taking necessary steps for the smooth functioning of bank's branches/offices on the day of the strike, in the event the strike materializes, the functioning of the branches/offices may be affected/paralyzed," it said in a regulatory filing.
Meanwhile, Syndicate Bank has issued a public notice asking customers to bear with them. It has also asked the customers to make transactions before the bank strike on January 8.