Today and tomorrow, i.e. Monday and Tuesday, banking services will be disrupted. The strike is the reason for this. To protest the central government’s policies, a joint forum of central trade unions has called a two-day nationwide strike. Work such as loan sanction and check clearing may become stalled as a result of the strike. Workers from other industries, such as roadways, transportation, electricity, telecommunications, postal, income tax, and insurance, will join the strike.
Online banking will be available in the future.
Several state-run banks, including the country’s largest, SBI, have stated that the strike may have an impact on their services. Banks, on the other hand, have made the necessary arrangements in their branches and offices to reduce the inconvenience to the public. During the strike, online banking will be available. You will be able to conduct online financial transactions with this. However, there could be a cash shortage at the ATM.
demand for a bank union
CH Venkatachalam, general secretary of the All India Bank Employees Association (AIBEA), has urged the bank union government to avoid privatising public sector banks and instead strengthen them by ensuring faster recovery of bad loans, higher deposit rates, and lower service charges for customers. Along with calls for the old pension scheme to be restored. This strike affects private banks, foreign banks, cooperative banks, and regional rural banks.
What did the Central Trade Union have to say about it?
According to the Central Trade Unions, the strike was called in protest of the government’s anti-people economic policies and anti-labor labour policies. The union wants the labour code repealed, no privatisation in any form, the National Monetization Pipeline (NMP) decommissioned, MGNREGA wages increased, and contract workers regularised.
The Joint Forum includes INTUC, AITUC, HMS, CITU, AIUTUC, TUCC, SEWA, AICCTU, LPF, and UTUC. Meanwhile, the Central Power Ministry has asked all agencies to be on high alert and ensure that power is available 24 hours a day, seven days a week during the strike.