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Bank Strike September 28-30: Why Will Banks Remain Closed for 3 Days? Check Services that May Be Affected

UFBU said the walkout could disrupt banking services for five days and coincide with the sector’s half-yearly closing.

  • On Tuesday, the United Forum of Bank Unions decided to proceed with a 3-day nationwide strike beginning September 28, 2026, after a conciliation meeting with the Deputy Chief Labour Commissioner remained inconclusive.
  • Unions representing nearly 90% of bank employees are primarily seeking a five-day banking week, alongside pension reforms and an option to switch from the National Pension System to the old pension scheme.
  • The Department of Financial Services and Finance Ministry urged unions to defer the strike, stating the five-day proposal is under consideration but requires consultation with various stakeholders before any decision.
  • Coinciding with the half-yearly closing on September 30, the strike could result in a five-day closure of banking services, disrupting government transactions, business operations, and international banking.
  • Many public sector banks have advised customers to use mobile banking, internet banking, ATMs, and UPI for essential transactions to mitigate disruptions should the strike proceed as scheduled.
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Business Today broke the news in India on Tuesday, September 22, 2026.
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