Nation Current Affairs 01 Jul 2016 Chennai: Banks to be ...

Chennai: Banks to be closed for 10 days in July

DECCAN CHRONICLE.
Published Jul 1, 2016, 6:36 am IST
Updated Jul 1, 2016, 6:36 am IST
Bank employees said as the strike notice has been given well in advance there should be not any problem with regard to branch banking.
The public has been well notified of the strike by five banks, so this should not cause an issue with transactions as the public can be prepared in advance. (Representational image)
 The public has been well notified of the strike by five banks, so this should not cause an issue with transactions as the public can be prepared in advance. (Representational image)

Chennai: Banks will be closed for an unprecedented 10 days, including five Sundays, two Saturdays, Id and 2 days owing to strike by different employees’ union of banks across the country.

Bank employees said as the strike notice has been given well in advance there should be not any problem with regard to branch banking.

 

“The eight-day holiday is just the Sundays and alternate Saturdays which employees deserve. ATMs should be functioning. The public has been well notified of the strike by five banks, so this should not cause an issue with transactions as the public can be prepared in advance,” said C.H.

Venkatachalam, general secretary, All India Bank Employees Association.
 But senior citizens, who solely depend on branch banking, are a worried lot.

 “I do not use an ATM to withdraw money. I depend solely on a bank branch for all my money-related transactions. I will have to withdraw and keep money with me in advance, or depend on others to help me with ATMs,” said V. Chandrasekhar, a senior citizen.

 

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