Banks strike on 8 January!

Lock outside State Bank of India during all India one day strike observed by United Forum of Bank Unions to demand immediate wage revision, in Sector 17 of Chandigarh on Wednesday, November 12 2014. Express photo by Sumit Malhotra

If you have any important work related to the bank, then settle it today i.e. on Tuesday. Tomorrow, on January 8, Wednesday, the employees of different 5 bank unions of the country are going to strike. Due to the strike tomorrow, the work of the banks may be affected. Some banks may also remain closed. There may be a shortage of cash in the ATM if there is a strike. In such a situation, your important work related to money can get stuck. Unions joining the strike have cited the anti-labor policies of the Modi government behind this.

Bank unions joining the strike include All India Bank Employees Association, Bank Employees Federation of India, Indian National Bank Employees Federation and Indian National Bank Officers Congress. A total of 10 central labor organizations have accused the central government of promoting anti-labor policies and in view of this, a nationwide strike has been called on 8 January. This has also got the support of bank unions.

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Meanwhile, SBI and Syndicate Bank have informed the stock market about the preparations for this day. SBI said that the membership of our bank employees in the unions participating in the strike is very low, so the impact of the strike on the functioning of the bank will be minimal. The government sector syndicate bank said that it is taking necessary steps to keep its operations normal in view of the proposed strike. Syndicate Bank says that the functioning of branches/offices may be affected due to the strike.

If banks are closed, there may be a shortage of cash in the ATM on January 8. Its effect can also be seen on 9 January. In such a situation, complete the work related to cash too quickly, so that there is no problem.