ATM services are likely to be affected on November 19

Banks are open on the first and third Saturdays of every month, including November 19, which falls on the third Saturday. The second and fourth Saturdays of the month are still observed as holidays by all banks in India.

On November 19, banking operations are likely to be impacted as the All India Bank Employees Association (AIBEA) calls for a national strike to further their objectives.

The General Secretary of the All India Bank Employees Association (AIBEA) has submitted a notice of strike to the Indian Banks’ Association saying that its members wish to go on strike on November 19, 2022, in support of their demands, according to a regulatory filing by the Bank of Baroda.

Banks are open on the first and third Saturdays of every month, including November 19, which falls on the third Saturday. The second and fourth Saturdays of the month are still observed as holidays by all banks in India.

The lender cautioned that, despite the bank’s steps to maintain the smooth operation of its branches and offices on strike days, the operation of the branches and offices may be impacted if the strike occurs.

AIBEA General Secretary C. H. Venkatachalam declared earlier this month that members would strike in opposition to the “targeted victimisation of bankers for being engaged in the union.”

“Attacks have not only been more frequent recently, but there is also a motive behind every action, he said. The madness is not completely irrational. Therefore, at the AIBEA level as a whole, we must resist, respond to, and repel these attacks “According to the report, Venkatachalam said to the participants.

Venkatachalam claims that lenders like Sonali Bank, MUFG Bank, Federal Bank, and Standard Chartered Bank have fired or laid off officials of the AIBEA union. Additionally, he claimed that 3,300 administrative staff members had changed jobs in breach of the bank-level and bipartite agreements.

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