Amid strike threat, Fin Secy Sanjay Lohia calls bank chiefs' meet to ensure services
The ministry said the move will help protect customer services as the strike could disrupt banking for five consecutive days, officials said.
- The United Forum of Bank Unions has announced a three-day nationwide strike from September 28 to 30, 2026, prompting major lenders including the State Bank of India to issue customer advisories urging advance completion of branch transactions.
- Unions representing 90% of the banking workforce are pressing for a five-day banking week, a demand they claim was agreed upon in March 2024 but remains unfulfilled after failed conciliation talks on Tuesday.
- To mitigate disruption, the Finance Ministry and Reserve Bank of India authorized all public sector banks and regional rural banks to remain fully operational on Sunday, September 27, ensuring customer access before the strike.
- The strike coincides with the half-yearly closing of banking accounts on September 30, potentially creating five consecutive days of disruption for customers, businesses, and government transactions when combined with the weekend.
- UFBU leaders have announced an indefinite nationwide strike beginning October 26 if demands remain unresolved after the three-day action, raising the stakes for resolution negotiations.
86 Articles
86 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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