Banks Face Four-Day Closure From Tomorrow Due to Holidays, Strike

• Banks are expected to be closed for four consecutive days from January 24 to January 27 due to scheduled holidays and a potential all-India bank strike.
• The closures include the Fourth Saturday (January 24), Sunday (January 25), Republic Day (January 26), and a proposed bank strike (January 27).
• During this period, physical bank branches will be inoperative nationwide, affecting services like cheque clearing and over-the-counter transactions.
• Customers can still access banking services through net banking, mobile banking, UPI, and ATMs.
• The strike is being called by bank unions to demand a five-day work week, citing reduced work pressure and improved efficiency as benefits.

Why It Matters: Banks will be shut for four days from tomorrow due to holidays and a potential nationwide strike.