Several banks expected to remain closed from September 26 to September 29
According to sources four bank unions have threatened to go on a two day strike from September 26 to protest against the government decision to reduce 10 state run banks to four through mergers. Meanwhile these four unions have also sought fulfillment of a charter of nine demands, including wage revision.
Furthermore due to strikes and holidays, the several banks across the country will remain closed from September 26 to September 29, which can affect customers' regular banking services. September 28 will be the last Saturday of the month and September 29 is a Sunday, and hence banks will be closed on those two days.
Perhaps the four banking unions All india Bank Officers' Confederation (AIBOC), All india Bank Officers' Association (AIBOA), Indian National Bank Officers' Congress (INBOC), National Organization of Bank Officers (NOBO) - have called for a strike following the recent government announcement on consolidation of 10 public sector banks into four. Moreover Finance Minister on August 30 said that the Bank of india and Central Bank of india would remain independent. After the amalgamation, only 12 PSBs will be left in india from the 27 earlier.