By Admin 
Bank Strike News: If you are thinking of completing any of your bank related work on January 27, then this is very useful news for you. Bank employees’ unions under the United Forum of Bank Unions (UFBU) have announced a nationwide strike on January 27. Their demand is to implement the 5-day work week schedule for bank employees. That means banks remain open from Monday to Friday and have two days off – Saturday and Sunday every week.
Banks will remain closed for 3 days
If bank employees really go on strike on January 27, there will be a long gap in the functioning of public sector banks. There will be a Sunday holiday in banks on 25th January, banks will remain closed on 26th January on the occasion of Republic Day and bank employees can go on strike on 27th January. This means that there is a possibility of banking operations coming to a standstill for three full days. Anyway, most of the public sector banks have already warned their customers that if there is a strike, there may be problems in banking services.
UFBU gave notice
The strike is being organized under the leadership of United Forum of Bank Unions. UFBU is the platform of nine major organizations of bank employees and officers, which include All India Bank Officers Confederation, All India Bank Employees Association, Nation Confederation of Bank Employees, All India Bank Officers Association, Bank Employees Federation of India, Indian National Bank Employees Federation, Indian National Bank Officers Congress, National Organization of Bank Works along with National Organization of Bank Officers. After UFBU’s notice regarding the strike, the Chief Labor Commissioner held conciliation meetings on Wednesday and Thursday, but nothing positive came out.
What is the demand?
The United Forum of Bank Unions is seeking approval from the government to implement the five-day working system in the banking sector. This demand includes declaring all Saturdays except the second and fourth Saturday of every month as public holidays. As of now banks remain closed on the second and fourth Saturday of the month.
Unions say that this will increase the morale of the employees, which will improve the quality of work and the services of the banking sector will also improve. He says that this will not have any impact on customer service.
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