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Govt will take care of employees in case of privatisation, says Nirmala Sitharaman


Updated Mar 16, 2021 | 17:04 IST
The finance minister s comment came as employees under the banner of the United Forum of Bank Unions are observing a two-day bank strike protesting the Centre s move of privatising banks
Govt will take care of employees in case of privatisation, says Nirmala Sitharaman  |  Photo Credit: ANI
New Delhi: Finance minister Nirmala Sitharaman on Tuesday that the amalgamation of banks or privatisation of financial institutions will not hurt the interest of the employees as these are not rushed decisions and the Centre is committed to taking care of the workers. 
FM said, Interests of workers of banks which are likely to be privatized will absolutely be protected - whether their salaries or scale or pension, all will be taken care of. ....

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Bank Holidays| Bank holidays in March 2021: Check the full list here


Updated Feb 28, 2021 | 08:36 IST
Banks could also remain closed in mid-March as several bank unions have given a call for a nation-wide strike against government s plan to privatise several public sector lenders.
Bank holidays in March 2021: Check the full list here  |  Photo Credit: BCCL
Banks across the country will remain closed for a total of 11 days in the month of March. This includes the four Sundays and two second Saturdays. According to RBI guideline, banks remain shut on public holidays while certain holidays vary from state to state. 
All-India holidays include Republic Day (January 26), Independence Day (August 15), and Gandhi Jayanti (October 2), Christmas Day (December 25). Festivals like Diwali, Christmas, Eid, Guru Nanak Jayanthi, Good Friday, and so on are also bank holidays.  Aside from National Holidays, both private and public sector banks remain closed on the second, fourth Saturday, and all Sundays of each ....

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SBI savings account holder? Here's how to link account with Aadhaar


Updated Feb 26, 2021 | 06:47 IST
As per the Supreme Court, it is not mandatory to link your bank account with Aadhaar. However, in order to avail the benefit of government subsidies, it is mandatory to provide your Aadhaar no in your account
SBI savings account holder? Here s how to link account with Aadhaar  |  Photo Credit: BCCL
New Delhi: If you are a beneficiary of a government subsidy scheme then in order to get direct benefit transfer (DBT) of government subsidies in your State Bank of India (SBI) savings account, you have to seed your Aadhaar in it. SBI has informed its customers via Twitter to link their bank accounts to Aadhaar for receiving Direct Benefit Transfer.  ....

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