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Banks are closed for three days, more pain awaits next month

Banks branches will not be open for business today on account of Shiv Ratri. Tomorrow being the 4th Saturday, banks will remain shut. And obviously, they won't be open to customers on Sunday, a weekend. Some banking work like cheque clearance may get affected due to the same. Also get ready to face more inconvenience next month.

ET Online|
Last Updated: Feb 23, 2020, 09.59 AM IST
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In March you have to be more careful as banks will remain closed for an extended period of time
NEW DELHI: All public sector and private banks will remain closed for three days, starting Friday.

Banks branches will not be open for business today on account of Shiv Ratri. Tomorrow being the 4th Saturday, banks will remain shut. And obviously, they won't be open to customers on Sunday, a weekend.

Some banking work like cheque clearance may get affected due to the same.

Notably, next month banks have called for a three-day strike from March 11-13 that falls on Wednesday, Thursday and Friday.

It may cause a lot of inconveniences as banks will remain closed on March 8 (Sunday), then on March 10 (Holi) and again on March 14 (second Saturday) and March 15 (Sunday).

So, banks will open for just one day (Monday, March 9) in the second week of next month.

This would be the third strike of the year. Banks had observed strike for two-days on January 8-9, then on January 31 and February 1 as well.
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