The Union of bank officers have made a call to go on strike on December 21 and this is against IBAs attempt at leaving officers in Scale IV and higher out of the bipartite wage settlement exercise. Also, there is another strike call by the bank force all across India on December 26. And so if you are planning any of the bank related work better get it done before 21.
Today's strike has been notably by PSU banks and private banks largely remained functional.The strike on Friday (December 21) has been by the All India Bank Officers Confederation (AIBOC) and even after IBA's call to suspend the strike, the officers rejected their request saying that there has been seen no "perceptible movement" on their demand even after 20 months the talks started.
This is because banks owing to strikes if they happen by any chance will remain closed for 5 days beginning December 21 (Friday, December 22 (being 4th Saturday), December 23 (Sunday), December 25 (Christmas) and December 26 again the All India bank strike, barring December 24 (Monday).
So, the offline banking services will be severely hit all across the country. The bank official's union which made a call strike for December 21 demands salary revision in accordance with the charter of demands, full mandate for officers up to Scale VII, scrapping of NPS, halting the sale of third-party products as well as 5 days banking service.
Also,as banking services will be hit during these days, banks have started to already send extra cash to ATMs such that there is no cash crunch situation.