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Banks to close for four days from today, here s why

Banks to close for four days from today, here’s why Banking services such as applying for loans, issue of demand drafts, opening a savings account are expected to be affected. File photo Updated: Mar 13, 2021, 06:29 AM IST If you are planning to visit the bank soon, your work will have to wait as banks across India will be closed for four consecutive days starting from Saturday (March 13) to Tuesday (March 16). March 13 is the second Saturday of the month and March 14 falls on a Sunday holiday.  Meanwhile, the United Forum of Bank Unions (UFBU) the apex body of nine organizations of bank employees, has announced a two-day nation-wide strike on March 15 and March 16 to protest against the proposed privatization of two public sector banks. 

Bank Unions call for strike against privatisation

Gujarat firm close to BJP had deal with Scania: Congress

Logistics firm provided luxury buses for party campaign, defaulted on bank loans The Congress on Friday alleged that a Gujarat-based firm that provided luxury buses to the BJP and its prime ministerial candidate Narendra Modi in the 2014 Lok Sabha elections, not only had a partnership with Swedish automaker, Scania, but also defaulted on loans from a public sector bank. Congress spokesperson Pawan Khera levelled the allegations at a press conference and asked Mr. Modi to come clean on his “close links” with Siddhi Vinayak Logistics Limited (SVLL), the company that provided customised video luxury buses and trucks with 3D projection technology for the BJP’s 2014 Lok Sabha campaign.

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