Banking
Your bank may not work today: nationwide strike disrupts public sector lenders
Mumbai/IBNS: Public sector banking operations across India are likely to be disrupted on Tuesday as bank employee unions have called for a nationwide strike demanding a five-day work week, media reports said.
Private sector banks are expected to remain largely unaffected.
The strike, announced on January 23, is set to inconvenience customers for the fourth consecutive day, following a string of holidays. Banks were closed on January 24 (fourth Saturday), January 25 (Sunday) and January 26 (Republic Day).
The State Bank of India (SBI), the country’s largest lender, said it has made efforts to ensure normal functioning on January 27, but services are likely to be impacted due to the strike call.
The agitation has been called by the United Forum of Bank Unions (UFBU)—the apex umbrella body representing nine major trade unions of bank employees and officers.
At present, banks remain closed on the second and fourth Saturdays of every month.
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