Amid strike threat, Fin Secy Sanjay Lohia calls bank chiefs' meet to ensure services
The ministry asked public sector banks to prepare contingency plans as unions pressed for a five-day workweek and a strike could disrupt services.
- The United Forum of Bank Unions announced a three-day nationwide strike from September 28 to 30 on Tuesday, after a conciliation meeting with government officials failed to resolve union demands.
- Representing 90% of the banking workforce, the UFBU is pressing for a 5-day banking week and withdrawal of the performance-linked incentive scheme, along with pension reforms promised in a 2024 wage settlement.
- To prevent a five-day banking closure coinciding with the half-yearly closing on September 30, the Ministry of Finance directed all Public Sector Banks and Regional Rural Banks to remain open on Sunday, September 27.
- Major lenders, including the State Bank of India , have advised customers to complete branch transactions before September 28 and use digital channels—UPI, internet banking, ATMs—for routine banking during the strike.
- Failure to resolve the five-day banking demand and PLI concerns by October 26 could trigger an indefinite strike, escalating labor tensions in the banking sector beyond the September walkout.
83 Articles
83 Articles
Banks to remain open on Sunday in view of three day strike
New Delhi: All banks, including Regional Rural Banks, will remain open on Sunday, September 27, for the convenience of customers in view of a strike called by the United Forum of Bank Unions (UFBU), the finance ministry said in a statement on Wednesday. The UFBU, which claims to represent 90 per cent of the banking … Get the latest updates in Hyderabad City News, Technology, Entertainment, Sports, Politics and Top Stories on WhatsApp & Telegram …
Banks to remain closed for 5 days from September 26 as unions call strike
Bank unions plan a three-day strike from September 28, potentially disrupting operations for five days. Demands include a five-day week and pension.bank strike, banking operations disruption, five-day working week, United Forum of Bank Unions, bank employee demands, pension benefits, performance-linked incentive, old pension scheme, national pension system, Mumbai banking, nationwide bank strike, wage settlement, bank union strike, September ban…
Bank strike Sept 28-30: Which services may be affected and what customers should do
Bank unions have kept their September 28-30 strike call in place over the five-day banking demand. With September 30 marking half-yearly closing, customers have been advised to finish branch work early and use digital channels.
Banks brace for 5-day disruption from September 26; SBI, Indian Bank issue advisories - The Tribune
Ahead of a three-day nationwide strike by bank unions in support of their demand for a five-day work week and withdrawal of the Performance Linked Incentive (PLI) scheme, public sector undertakings State Bank of India (SBI) and Indian Bank have issued advisories asking customers to complete important transactions in advance.
Greater Kashmir
The PrintBank unions to go ahead with 3-day nationwide strike from Sep 28
United Forum of Bank Unions (UFBU) has said they would go ahead with the three-day nationwide strike beginning September 28, as a conciliation meeting before the Deputy Chief Labour Commissioner on Tuesday remained inconclusive. The conciliation meeting was held a day after the Finance Ministry appealed to bank employees to refrain from resorting to strikes and resolve their remaining demands through dialogue. UFBU, which claims to represent 90 …
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