Public sector banks in GUJ to remain closed on Thursday, Friday

Ahmedabad: Public Sector Banks (PSB) throughout Gujarat are expected to remain closed on Thursday and Friday, when bank officials and other employees will hold a strike to protest the proposed PSB privatization.
About 4,800 Bank branches will remain closed throughout the state for two days, transactions have an impact worth of rs 20,000 crore, showing an estimate of the Association of Bank Maha Gujarat (MGBEA).
“Bank shutdown has an impact on business in a large way.
Bankers may have sincere problems but keep the bank close does not help businesses,” said Pathik Patwari, Senior Vice President Gujarat Commerce & Industry (GCCI).
Patwari added: “The nationalized banks have extensive networks in small cities and villages.
Therefore, businesses there will also be badly affected because of two consecutive shows.” Online transactions can be made but formalities What needs to be considered at the bank will be possible only after the bank is open.
About 70,000 personnel and bank officers are expected to strike.
They will join the national sister of the public sector bank.
Janak Rawal, Secretary General of Mgbea, said: “Bank officers and other employees opposed the laws of the banking regulations that propose to privatize national banks.” Rawal added: “The government scheme is effectively implemented by public sector banks and instead of strengthening it, the government has encouraged it.” Rawal said that public money is for public welfare and it should not be moved to personal hands.
“In fact, recruitment in the banking sector will also be beaten with the proposed privatization,” said Rawal.