Home News Business Banks can remain closed for 8 days from March 8, before the Holi holiday and strike, work out

Banks can remain closed for 8 days from March 8, before the Holi holiday and strike, work out

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Before March 8, you have to deal with the bank or else this holiday of Holi and this festival of fun can be disturbed. Holi holiday and the proposed strike of the bank unions may cause banks to remain closed for about eight consecutive days. This may cause customers to face difficulties. In fact, employees of public sector banks can go on a three-day strike from March 11 to 13. Holi is a holiday on February 9 and 10. Earlier, banks would be closed on Sunday, February 8.

This means that if the bank employees go on strike on March 11-13, the banks can remain closed for 8 consecutive days. This is because after the three-day strike, the second Saturday of the month is falling on March 14 and after that on Sunday, March 15, that is, if the strike happens, banks will be affected for 8 consecutive days.

These are the list of bank holidays in March                                                                                                                                                                                                                                                                                                                             

HolidaysThe date
Chapchar kut6
Holika / Doljatra / Holi / Birthday of Md. Hazarat Ali9
Holi (Second Day) / Dhuleti / Yaosang 2nd Day10
Holi11
Gudhi Padwa / Ugadi Festival / Telugu New Years Day / Sajibu Nongmapanba (Cheiraoba) / 1st Navratra25
Sarhul27

Banks can remain closed for a total of 16 days 

On the other hand, if we talk about holidays in March, according to RBI, there are 6 holidays in banks this month. Apart from this, there are a total of 7 weekly holidays on the second and fourth Saturdays. That is, banks will be closed for a total of 13 days in March. If there is a strike, banks will remain closed for a total of 16 days.

Explain that the salary of employees of public sector banks is revised every five years. The last time the bank employees’ salary was revised was in 2012. It is followed by Revision Pending in 2017. Employees are on strike for this.

Indefinite strike from 1st April if we accept

The bank unions had held talks with the Indian Banks Association regarding revision in salary, but it remained inconclusive. Bank Employees Federation of India (BEFI) and All India Bank Employees Association (AIBEA) are leading the staff. Bank unions also say that if their demands are not met, they will go on indefinite countrywide bank strike from 1 April.

Bank strike has been done 2 times this year

If the bank employees strike in March, this will be the third bank strike so far this year. Earlier on January 8, during the Bharat Bandh, the bank unions had called for a one-day strike against the policies of the Modi government. This was followed by a strike on 31 January and 1 February.