Consecutive holidays to affect banking transactions in March-April

Written By: / Tuesday, 23 March 2021 17:20

IT Correspondent
Mumbai, Mar 23:

The banking transactions are expected to be largely affected since the banks will remain closed consecutively for three days between March 27 to April 04 and later many holidays in April 2021.
March: March 27-Fourth Saturday, March 28- Sunday, March 29- Holi, March 30: Tuesday (Holiday only for bank branches in Patna,Bihar, not for rest of India), March 31- Year end holiday, April 01-the banks will remain open but will be busy in closing of accounts,
April: April 02- Good Friday, April 14- Dr. Ambedkar Jayanti/ Emperor Ashoka’s birth anniversary/ Tamil New Year/ Maha Vishuba Sankranti/ Bohag Bihu/ Cheiraoba, April 15- Himachal Day, April 21- Ram Navami/ Garia Puja and April 25- Mahavir Jayanti.
The bank customers are to note that if they have any pending work, they need to take care of it before March 27. If any customer fails to do so, he or she will have to wait till April 4, as the bank will continue its services for only two days in between, which are March 30 and April 3. 
It may be recalled that during recent strike organised by 10 bank unions, as a protest against privatisation on March 15 and March 16, the banking transactions had come to standstill affecting the clearance of nearly Rs.16500 crore cheques across the country. The strike resulted in disruption of banking services including deposits, loan disbursements, cash withdrawals and cheque clearances hitting customers. The customers had to depend upon ATMs and digital banking services on these two days.
The strike was staged by the members of the United Forum of Bank Unions (UFBU) as a protest against the privatisation of two more government-owned banks. Nearly 10 lakh public sector bank employees and a few private banks had participated in the strike.

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Raju Vernekar

Raju Vernekar

Raju Vernekar is a Media Professional based in Mumbai and is a regular contributor of Imphal Times. He had served as Chief Reporter at Free Press Journal (1996 – 2015 ). His Activities includes writing for different news papers, script writing/production for TV channels, Films Division. Writing poems in Marathi, Hindi, English, Guiding mass media students and helping people to solve their problems. Raju may be contacted at [email protected]

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