Image Source : FREEPIK A representational picture of a desk calendar with texts in English.
As December approaches, bank customers across India should brace themselves for disruptions in banking services, including a proposed 6-day strike by bank unions, bank holidays, and weekends. While bank branches are expected to be closed on various occasions, digital banking services through mobile and internet platforms will remain operational.
The All India Bank Employees’ Association (AIBEA) has called for a 6-day nationwide strike in December, affecting different banks on different dates:
December 4: Punjab National Bank (PNB), Punjab and Sindh Bank, State Bank of India (SBI)
December 5: Bank of Baroda, Bank of India
December 6: Canara Bank, Central Bank of India
December 7: Indian Bank, UCO Bank
December 8: Union Bank of India, Bank of Maharashtra
December 11: All Private Banks
Additionally, Reserve Bank of India (RBI) has identified certain holidays in December, leading to bank closures:
December 1: State Inauguration Day/Indigenous Faith Day
December 4: Feast of St. Francis Xavier
December 12: Pa-Togan Nengminja Sangma
December 13 and 14: Losoong/Namsoong
December 18: Death Anniversary of U SoSo Tham
December 19: Goa Liberation Day
December 25: Christmas
December 26: Christmas Celebration
December 27 and 30: Christmas and U Kiang Nangbah
Moreover, weekends and second Saturdays contribute to the closure of bank branches:
December 3: Sunday
December 9: Second Saturday
December 10: Sunday
December 17: Sunday
December 23: Fourth Saturday
December 24: Sunday
December 31: Sunday
The cumulative impact of proposed strikes, bank holidays, and weekends could lead to the closure of banks for up to 24 days in December. However, it’s important to note that these closures will not be uniform across all states and regions.
Customers are urged to plan their banking activities accordingly, utilizing online services during this period of potential disruptions in traditional banking operations.
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