Indiaherald Group of Publishers P LIMITED

close save
crop image
Fri, Jan 18, 2019 | Last Updated 4:22 am IST

Menu &Sections


Banks be closed for 5 Days due to Merger

Banks be closed for 5 Days due to Merger
Banks be closed for 5 Days due to Merger

New Delhi sources stated that Bank unions have called for a nation-wide strike on 26 December to protest the proposed merger of Bank of Baroda, Dena Bank and Vijaya Bank, which was approved by the Central Government in September. Meanwhile the strike is against the central government’s move and the concerned Public Sector banks are going ahead with their decision to protest against the proposed merger.

Furthermore in June-end, the total business size of these three entities (Bank of Baroda, Dena Bank and Vijaya Bank) together was Rs 14.82 lakh crore and the merged entity will make it the third-largest lender in the country after State Bank of India (SBI) and HDFC Bank. Accordingly the strike will be organized by the United Forum of Bank Unions (UFBU), and all unions under UFBU will participate in this strike call on December 26.

Banks be closed for 5 Days due to Merger

The banking transactions are going to be affected from December 21 to December 26. Reportedly 21 December proposed strike by All India Officers Confederation, 22 December is a fourth Saturday, which is a Bank holiday, 23 December is Sunday. On 24 December banks will be open on Monday, which will be a working day for all Banks, 25 December is Christmas and 26 December, the strike will be conducted by the United Forum of Bank Union.

Banks be closed for 5 Days due to Merger
5/ 5 - (1 votes)
Add To Favourite
More from author
Indian Railways linked its locomotives via ISRO satellites
Jallikattu opening day Festival begins with 500 Bulls in Tamilnadu
Will Indra Nooyi become World Bank President?
Yogi Adityanath record spending on festival!
Dhoni's unexpected anger on field!
Supreme Court hearing on Interim CBI chief!
Is YS Jagan is allying with KCR to form Andhra Drohula Front?
Indra Nooyi been courted as an administration ally by Ivanka Trump
How to Copy in Exams? Ad went viral in WhatsApp
Why Shashi Tharoor not allowed into Sree Padmanabhaswamy temple in Kerala with PM Modi?
2 Young Women decided to contest Telangana Panchayat Polls
2.0 s costumes, Robot Models exhibited at Chennai Island Grounds
Vishal confirms his wedding with Hyderabad based Businessman daughter
2 Women who unsuccessfully attempted to enter Sabarimala temple begins hunger strike
Flight operations at Bengaluru airport to face disruptions from February 14 to 24
Why YS Jagan Sister made a complaint with Hyderabad Police?
Mahesh Kathi comes with another controversy with Pawan Kalyan
Trump ordered American feast of burgers for visiting football team
Telugu comedian Brahmanandam undergone bypass surgery
AK Sikri declines joining commonwealth tribunal!
Kodanadu estate case investigation in peaks!
UP minister's tells people to burn politicians!
Supreme Court notice to central govt!
A Judge partially blocked a set of Trump administration rules
Follow Indian Traditions Leave Western Lifestyles: Venkaiah Naidu
Unresolved differences between Kanchi Seer and Mahatma Gandhi continues
Cockpit Voice recorder of Lion Air Jet found
Modi said BJP worker is driven by National Interest & not by any self-interest
KCR plans that will last generations
RBI tokenizes transactions made through Debit, Credit & Prepaid Cards in India
TNSTC announced it will operate an additional 14,263 services for Pongal
Modi calls DMK as the biggest enemy!
Terrorists killed in early morning encounter!
Dinakaran Vs Anbazhagan catches fire!
Tehelka editor reveals shocker!
Ivanka Trump, Nikki Haley for US candidates to World Bank President's Post
About the author

Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.