Banks to remain closed for 4 days in Kolkata – Times of India

Kolkata News

KOLKATA: Banks will remain closed for four days in a row from Saturday and ATMs may be shut for two days as a strike has been planned on March 28 and 29 after the weekend.
March 26 is the fourth Saturday of the month, when banks remain closed. So, the four-day shutdown will be one of the longest closure in recent years, apart from the scheduled holiday during Durga Puja.
AIBEA, AIBOA, BEFI, All India Co-operative Bank Employees Federation and others have decided to join the country-wide strike against several issues, including privatization of banks.
President of AIBEA and general secretary of BPBEA Rajen Nagar said All India Bank Officer’s Confederation had extended support, along with Indian National Bank Officers Congress. “We are opposing privatisation of banks. We believe money in banks is for people’s welfare and not for private corporate loot,” he said.
Privatization, rate of interest on deposits, outsourcing, regularizing of contract employees are some of the issues. “Work will be paralysed in banking sector. Most ATM guards in the state are our members, so services may be affected,” BPBEA stated.