The Bank of Baroda during a nonsupervisory form said the general clerk of the AIBEA had served a notice of the strike to the Indian Banks' Association informing that the members propose to go on a strike in support of their demands.
As per rules, November 19 happens to be the third Saturday. The banks remain open on the primary and third Saturdays.
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| As per rules, November 19 happens to be the third Saturday. The banks remain open on the primary and third Saturdays. |
The banking services across the country are going to be affected on November 19i.e Saturday thanks to the strike called by the All India Bank workers' Association. The Bank of Baroda during a nonsupervisory form said the general clerk of the AIBEA had served a notice of the strike to the Indian Banks' Association informing that the members propose to go on a strike in support of their demands, Livemint reported.
The lender said that necessary way are being taken to insure smooth functioning of bank's branches and services on the strike days. still, it said that just in case the strike materialises, the functioning could be affected.
As per rules, November 19 happens to be the third Saturday. The banks remain open on the primary and third Saturdays.
This month, the banks are going to be closed on ten days which includes the carnivals and the alternate and fourth Saturdays.
In another development, the currency in rotation declined during Diwali week for the primary time in 20 times. In its report Ecowrap, the Stat Bank of India Research said invention in technology changed the Indian payment system. The report attributed it to the expansion in digital deals.
The report stated that the Indian cash lead frugality changed to smartphone- led payment frugality.