Skip to main content
See every side of every news story
Published • loading... • Updated

Banks advise customers to complete essential transactions ahead of 3-day strike

  • The United Forum of Bank Unions deferred a three-day nationwide strike scheduled for Monday after late-night discussions with the IBA aimed at resolving outstanding employee demands.
  • Unions organized the walkout to push for immediate implementation of a five-day work week, pending since the 2024 wage settlement, and seek restoration of the Old Pension Scheme over the National Pension System.
  • During the meeting, the IBA and United Forum agreed to form a high-level committee to examine declaring remaining Saturdays as holidays, while the IBA will propose modifications to the PLI Scheme.
  • Banking services will remain functional, including cash deposits, withdrawals, UPI transactions, and Net banking, as the strike has been deferred.
  • The committee will explore alternatives and consult stakeholders toward resolution, while The Centre noted public sector banks recruited about 4.83 lakh employees between FY15 and FY26.
Insights by Ground AI

55 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 59% of the sources lean Right
59% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Tribune India broke the news in Chandigarh, India on Friday, September 25, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal