By Kanishka Gupta Sept 13, 2019 2:39:51 PM IST (Updated)
In protest of the merger and other demands, nationalised banks across the country will observe strike from midnight of September 25 to midnight of September 27.
Planning to do any financial transaction? You must know your banks will be shut for straight four days as bank unions—All India Bank Officers' Confederation (AIBOC), All India Bank Officers' Association (AIBOA), Indian National Bank Officers' Congress (INBOC), National Organisation of Bank Officers (NOBO)—have jointly declared the bank strike in protest of the government's plan to merge several public sector banks.
On August 30, finance minister Nirmala Sitharaman said the government will merge 10 state-run PSBs to create four big banks: Punjab National Bank-Oriental Bank of Commerce-United Bank of India; Canara Bank-Syndicate Bank; Union Bank of India-Andhra Bank-Corporation Bank; and Indian Bank-Allahabad Bank.
In protest of the merger and other demands, nationalised banks across the country will observe strike from midnight of September 25 to midnight of September 27, the general secretary of AIBOC (Chandigarh), Deepal Kumar Sharma, said in Chandigarh.