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Bank Bandh on Nov 19: Banking Services to be Hit as Bank Employees' Association Calls For Day-long Strike

The Bank of Baroda said it is taking all necessary steps for the smooth functioning of the Bank’s Branches and Offices on the day of the strike, in the event the strike materializes, the functioning of the branches and offices may be affected.

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Bharat Bandh Bank Strike latest news March 2022 DATE SBI HDFC ICICI Axis

State Bank of India (SBI), and other banks had informed their customers about the bank strike and the likely impact on services due to Bharat bandh.

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Not all banks will be privatised: FM Nirmala Sitharaman amid employees' nationwide strike


The strike comes in the wake of Finance Minister Nirmala Sitharaman's announement in the Union Budget 2021-22 of privatisation of two public sector banks (apart from IDBI Bank) as part of the government’s disinvestment drive to generate Rs 1.75 lakh crore. The United Forum of Bank Unions (UFBU), an umbrella body of nine bank unions has decided to call the strike.
The IDBI Bank is already privatised by the government by selling its majority stake to the Life Insurance Corporation of India (LIC) in 2019 and merged 14 public sector banks in the last four years.
State Bank of India explaining the consequences of the strike had said, "We inform that, we have been advised by lndian Banks Association lBA that United Forum of Bank Unions UFBU which comprises 9 major Unions, viz. All lndia Bank Employees’ Association AIBEA, All India Bank Officers’ Confederation AIBOC, National Confederation of Bank Employees NCBE, All lndia Bank Officers’ Association AIBOA, Bank Employees Federation of India BEFI, Indian National Bank Employees Federation INBEF, Indian National Bank Officers’ Congress INBOC, National Organisation of Bank Workers NOBW & National Organisation of Bank Officers NOBO, has given a call for all lndia strike by Bank Employees on 15th & 16th March, 2021. While Bank has made all arrangements to ensure normal functioning in its branches and offices, it is likely that work in our Bank may be impacted by the strike,"

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