Are Banks Open Or Closed During India Bandh On 12th February?

The Sammilita Kisan Morcha (SKM) has announced an ‘India Bandh’ on Thursday, February 12, as part of ongoing protests against the newly unveiled India-US trade deal.

Bharat Bandh Today: The strike may not affect operations at branches of major private-sector banks such as HDFC Bank, ICICI Bank, and Kotak Mahindra Bank. (Bloomberg/Representative)The nationwide strike is said to be organized by an alliance of 10 central trade unions including INTUC, AITUC, HMS, CITU, AIUTUC, TUCC, SEWA, AICCTU, LPF and UTUC.

Close the bank? Here’s what we knowBanks across India are likely to be affected today due to the Bharat Bandh called with the support of the Samilit Kisan Morcha and several trade unions. While there is no formal announcement of a nationwide shutdown, some branches may experience disruption depending on employee participation in the strike.Customers are advised to plan transactions in advance and check with their respective banks for branch-specific updates. Online and digital banking services are expected to function normally.Sammilita Kisan Morcha (SKM) has called for ‘Bharat Bandh’ on Wednesday 12 February as part of their ongoing campaign against the recently announced India-US trade deal.

“The agreement will be a betrayal against the farmers…We are surrendering to the US intelligence. The government has surrendered. Piyush Goyal should resign. He has betrayed the Indian farmers. Based on this, we have started a campaign, SKM will go to the farmers from February 4 to February 11. Bharat Bandh has been called on the 12th.” ANI said.

He said the Indian product market would not be able to compete with the free flow of US imports, fearing that “our farmers would be wiped out.”

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“SKM has studied the government’s agreements with the US, EU and New Zealand. SKM was against it from the beginning. The agreement is not beneficial for a weak country. They will send their products to our country for free and they will flood our market with cheap products. Our country will not be able to compete with them and our farmers will end up,” he added.

(with ANI input)