Bank strike, holidays: Banks closed for 4 days in Mumbai, Pune, other cities this week - News Summed Up

Bank strike, holidays: Banks closed for 4 days in Mumbai, Pune, other cities this week


NEW DELHI : If you are in Mumbai, Pune, Nagpur or anywhere in Maharashtra and Haryana, keep in mind that bank branches could be open only for three days this week due to assembly elections, bank strike and other bank holidays. According to the Election Commission's rules, the Reserve Bank of India (RBI) has declared bank holidays in the two states on the day of voting. Bank strikeOn Tuesday, two bank unions -- All India Bank Employees Association (AlBEA) and the Bank Employees Federation of India (BEFI) -- have decided to sit on a nationwide strike to protest against bank mergers. India's third largest bank, Bank of Baroda, has already warned that the bank strike could hit services at its branches and other offices. Bank holidays in the rest of OctoberSaturday will once again be a holiday as banks are closed on every second and fourth saturdays of the month.


Source: Mint October 20, 2019 05:03 UTC



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