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HomePersonal FinanceBank Alert! Cheque clearance and fund transfer will be affected 2 days...

Bank Alert! Cheque clearance and fund transfer will be affected 2 days from today, check details immediately otherwise…

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If you are going to the bank today, then your work may not be done, because today and tomorrow (December 17) the work will be affected due to the strike. Check clearance, fund transfer will be affected due to 9 lakh bank employees going on strike.


Although the strike is on 16th and 17th December, there will be no work in the banks in Shillong on 18th December. This day is the death anniversary of U Soso Tham. Apart from this, December 19 is a Sunday. This means to say that till December 19, the functioning of banks in different parts of the country will be affected. In such a situation, we will have to wait till December 20 for smooth functioning.

The United Forum of Bank Unions (UFBU) has called for a two-day strike on December 16 and 17. Earlier, public sector banks such as State Bank of India (SBI), Indian Bank, UCO Bank, Central Bank of India, Bank of India, Punjab and Sind Bank and Canara Bank withdrew their decision to start a two-day strike from their employees. appealed to take.

The UFBU is an umbrella body of nine unions, which include All India Bank Officers’ Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Bank Employees’ Organization (NOBW). There are 9 lakh employees under this union. On the call of United Forum of Bank Unions, bank employees will go on nationwide strike on 16th and 17th December to protest against the privatization of public sector banks.

State convener of United Forum of Bank Unions Mahesh Mishra said in a release that 25,000 officers and employees working in more than 4,000 public sector branches will participate in this strike. He said that the Central Government is bringing the Banking Laws Amendment Bill in the current session of Parliament, which will pave the way for giving any government bank in the private sector in future. Bank employees and officers will mobilize against this decision of the government and will go on a two-day nationwide strike on December 16 and 17.

What is the reason for the strike

Recently, during the presentation of the annual budget, Finance Minister Nirmala Sitharaman had announced to raise Rs 1.75 lakh crore through disinvestment. Modi government will raise this amount through privatization of several government companies as well as some banks. Bank employees unions are opposing the government’s proposed move to privatize two public sector banks by amending the existing laws in the current session.

Banks alerted their customers

SBI took to social media to appeal to its employees to call off the strike. The bank said in a tweet, “We request our staff members to reconsider our decision and refrain from participating in the proposed strike on 16th and 17th December 2021 in the interest of our customers, investors and the Bank. Also in view of the ongoing pandemic situation, resorting to strike will cause great inconvenience to the stakeholders. ,

UCO Bank has also requested its unions to call off the nationwide bank strike in the interest of the customers. Similarly, the Central Bank of India has asked the unions to advise their members to make maximum efforts to improve their performance for the overall development of the bank.

Canara Bank said in a tweet that the bank has called a meeting with the concerned parties on December 14 to discuss various issues. Indian Bank tweeted, “In order to ensure uninterrupted services to our customers, we have invited leaders of major unions/unions for discussion and appealed to them to call off the proposed strike on 16th and 17th December, 2021.” ‘

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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