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HomePersonal FinanceBank Alert to all customers! Banks will remain closed tomorrow and 17,...

Bank Alert to all customers! Banks will remain closed tomorrow and 17, know why details here

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Bank Strike News: Tomorrow and day after tomorrow, i.e. on December 16 and 17, the public sector banks of the country are going to be closed, because their employees are going to go on a two-day nationwide strike.


Even after appeals from other banks, including SBI, to the employees not to go on strike, the employees unions are adamant on their point. Let us tell you that this strike is against the privatization of banks.

State Bank of India (SBI) has appealed to its employees by tweeting from its Twitter handle. The bank has said that in view of the corona epidemic, this strike of employees may cause great problems to the stakeholders. SBI has also sent an invitation to the bank unions for talks.

At the same time, the Central Bank of India also wrote a letter to its employees and unions asking their members to work for the betterment of the bank. Punjab National Bank (PNB) has also appealed to the employees not to go on strike through a tweet.

Efforts to stop the continuous strike


Different media reports show that the managers of the banks are in constant touch with the bank associations and bank unions. They are constantly talking about averting this strike. Significantly, in the Union Budget 2021, Finance Minister Nirmala Sitharaman had announced the privatization of two public sector banks. However, on Monday, the Finance Minister said on the Cabinet Committee on Privatization in the Lok Sabha that the decision has not been taken on the two banks which are to be privatized.

Finance Minister’s latest statement

In response to a question in the Lok Sabha, the government has said that the budget for 2021-22 had to approve the policy of privatization of two public sector banks (PSBs) and strategic disinvestment of public sector enterprises during the year. The consideration of various issues relating to disinvestment, including, inter alia, the selection of the bank, has been entrusted to a Cabinet Committee designated for the purpose. The decision in this regard has not been taken by the concerned cabinet committee for privatization of public sector banks.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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