Four bank unions – All India Bank Officers Confederation, the All India Bank Officers Association, The Indian National Bank Officers Congress and The National Organisation of Bank Officers – have called for a strike from September 26 to 27 to protest against the merger of 10 state-run banks into four bigger banks.
The Bank Unions have announced the strike on 26-27th Sept i.e on Thursday and Friday and the next day would also be a bank holiday as it is a Fourth Saturday of the Month and Sunday in anyways is a Bank holiday so bank would be closed for 4 Consecutive days that may affect the normal business as said by SBI.
The Government On August 30 announced to bring down the total number of PSBs to 12 from 19 in 2017 to make them global sized banks. The following would be merged as per the plan. Union Bank of India and Oriental Bank of Commerce to be merged with Punjab National Bank making it second largest PSBs.
While Syndicate Bank is to be merged with Canara bank, Allahabad Bank Merging with Indian Bank and Andhra Bank and Corporation Bank will amalgamate with the Union Bank of India.
The Closure of the bank for 4 consecutive days will not only affect General Public will also have an adverse effect on trade and industry. The strike by the Bank Unions at this crucial point where the economy is slowdown is ill-timed and Unpatriotic.
FKCCI Strongly oppose the strike and appealed bankers to defer the all-India strike Schedule on 26th and 27th September in the interest of the Nation. Not only Cheque Clearance but ATM service too might get affected because of the strike. On the contrary, the service charges imposed on customers for various services, including non-maintenance of minimum balances, ATM transactions etc have sky-rocketed. Common man of the country is put to inconvenience,” the strike notice said.