Banks will remain closed on Wednesday and Thursday as employees and officers across India have decided to go on a two-day strike after talks regarding various demands between the United Federation for Bank Employees Union and Central government failed. The federation, in a statement, said that in the absence of any favorable development or acceptable solutions to demands, it is necessary for us to continue with our agitation and strike actions. The federation added that the strike was temporarily deferred due to the intervention of the central labour commissioner (CLC) and his suggestion to sort out the issues by mutual discussions.

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