Banks to be closed for four consecutive days from March 26 to 29, this year in India

Syllad | The Rising MeghalayaMarch 2, 2022

The banks across the country will remain closed for four consecutive days in the last week of March this year so in order to avoid any shortage of cash in hand, one will need to stock up some as the ATM machines may also go high and dry.

The first two days of the four consecutive bank closure days would be on 26th of March, next which is the fourth Saturday of the year and the next day is Sunday, which is usually a holiday.

The remaining two days as of why the banks will remain closed is due to the All India Banks Strike for two days on 28th & 29th March, next.

The two days strike is called by All India Bank Employees Associations for non fulfillment of their demands by the Central Govt.

They are demanding to stop privatisation of banks, stop outsourcing and regularisation of all contract employees & business correspondents.

They also want the Govt to start recovery of bad loans and scrapping of NPS and restoration of DA linked Pension scheme.