Banking

Bank unions defer three-day nationwide strike after talks with IBA

• UFBU deferred the planned three-day nationwide strike after talks with IBA
• A high-level committee will discuss five-day work week and Saturday holidays
• Averted disruption benefits bank customers and supports continuity at Indian banks

HSBC targets affluent Indian clients, intensifying competition with local banks

• HSBC is stepping up its India push to drive growth among affluent clients
• The move puts it in more direct competition with ICICI Bank and Kotak Mahindra
• More competition for affluent customers puts ICICI Bank and Kotak Mahindra in focus

Are banks open or closed today? Why 3-day bank strike was deferred by unions; what customers should know

• Banks will function as usual during the strike period announced for September 28–30
• Unions deferred the planned three-day bank strike
• Normal branch operations avoid disruption for customers and businesses reliant on PSU banks

Nifty PSU Bank tanks 2%, stocks dip up to 4%; Analysts flag rate hike woes

Bank Nifty crashes nearly 2%, trades near 54,500; check top losers: What lies ahead?

Bank Nifty Index Slips Below 55,000; Yes Bank, IDFC First, PNB, SBI Top Drags

Bank Strike Called Off At Last Minute: What Led To The Decision?

• UFBU deferred its proposed agitation programmes and strike actions after reaching an understanding with IBA
• Avoided bank strike removes an immediate disruption risk for Indian banks

11:11 | Bank strike postponed, UPI MDR in Supreme Court, Gold prices fall, LPU strike and more

• Bank strike postponed after banking unions changed course
• The delay reduces near-term disruption risk for Indian banks

Bank strike deferred: Are banks open today? Here's what you need to know

• Banks will remain open from September 28 to 30 after the UFBU deferred its three-day strike
• The union deferred the strike after talks with the IBA on five-day banking and the PLI scheme
• Deferred disruption supports continuity for Indian banks, including PSU lenders

ICICI vs SBI vs HDFC Bank: BofA highlights 4 growth playbooks as credit growth hits 20%

Business News Live: Bank strike postponed after agreement with IBA; Check details

Bank holidays in October 2026: Check state-wise RBI holiday list of 11 days

• RBI’s October 2026 holiday calendar lists 11 days when banks will be closed
• Bank closures may affect branch services and transactions at Indian banks

Are banks open today? Check the latest update on September 28-30 bank strike and bank holiday status on Monday

• Banks are expected to remain open on September 28 after the proposed strike was deferred
• Deferred disruption supports normal operations for Indian banks

Explained: Why 3-day bank strike has been deferred and why it was called on 28, 29, 30 Sept — what changed in between?

• A planned three-day bank strike for September 28–30 has been deferred
• The strike’s deferral reduces near-term disruption risk for Indian banks and their customers

Unions plan a three-day nationwide bank strike from September 28

• The strike is expected to affect public sector, old-generation private and regional rural banks
• Digital banking and services are also expected to be impacted
• Disrupted branch services may affect customers and operations at Indian public and private banks

Eight PSU banks lack non-executive chairmen, raising governance concerns

• Eight PSU banks lack non-executive chairmen, raising governance concerns
• Governance gaps put PSU bank oversight under scrutiny, including at listed lenders

NRI deposit inflows surge nearly sevenfold to $36.2 billion in April-July FY27

• FCNR(B) deposit flows reached $34.53 billion in April-July FY27
• LRS outward remittances rose 4.7% year-on-year to $9.37 billion
• Stronger foreign-currency deposits support bank funding and India’s forex position

Bank employees worked on Sunday but Monday strike deferred; change in plan triggers meme fest online

• Bank employees worked Sunday ahead of a planned three-day strike
• The strike was deferred after late-night talks between IBA and UFBU
• Deferring the strike limits disruption risk for Indian banks

HDFC Bank CEO's to-do list in coming weeks: Growth, Casa, investor trust

• The incoming HDFC Bank chief faces priorities including retail and deposit growth, rebuilding CASA and improving margins
• HDFC Bank’s growth and margin execution will affect its shareholders and Indian private-bank sentiment

3-day bank strike deferred after bank union body meet: Will SBI, HDFC Bank remain open on Monday, 28 September?

• The proposed three-day bank strike from September 28 to 30 was deferred after IBA and UFBU reached an understanding
• Strike deferral avoids disruption for SBI and other public-sector banks; private lenders may also benefit from smoother transactions

Bank strike on 28, 29, 30 September deferred; salaried individuals to get money in account as usual?

• The bank strike planned for 28–30 September has been deferred
• Salaried individuals are expected to receive money in their accounts as usual
• Normal bank operations avoid disruption for Indian businesses and salaried customers

3-day nationwide bank strike called off

RBI net dollar purchases hit record $18.65 bn in July: Monthly bulletin

• RBI net dollar purchases reached a record $18.65 bn in July, driven by a concessional swap facility
• RBI’s outstanding net forward-market short position surged to a record $136.77 bn
• RBI’s dollar buying and forward positions may affect rupee liquidity and Indian banks’ currency-market conditions

Bank strike from September 28-30: ATMs and 9 other services customers can avail without a branch visit; check list

• Nationwide bank strike planned for September 28–30 over a five-day workweek demand
• Cheque clearing and cash transactions could be disrupted; some services remain available without branch visits
• Disruption could affect Indian banks, especially PSU lenders, and customers’ access to branch services

3-day bank strike: Will your September salary be delayed? Here’s all you need to know

• A bank strike from September 28-30 could delay salaries, depending on banks and employers
• Public sector banks might face disruption
• Possible service disruption may affect PSU bank operations and customer transactions

SBI developing GIFT City specific products for NRI customers, says Chairman Setty

High credit-deposit ratio does not signal funding vulnerability: RBI report

• RBI report says a high credit-deposit ratio alone does not signal funding vulnerability
• The ratio should be assessed alongside liquidity, capital and other prudential measures
• The assessment informs deposit and lending risk perceptions for Indian banks

Bank strike: Over 50% banking users faced delays accessing their own money; 67% flag repeated KYC

After a decade without dividends, This PSU bank is back with a 3.8% yield

SBI chairman says digital banking and customer relationships will drive growth

• Chairman C S Setty said SBI’s strategy is “digital first, customer first, nation always”
• SBI’s total business could potentially reach Rs…
• Digital investment and customer growth are central to SBI’s earnings outlook

FCNR bounty may spark bank lending rate war

Ahead Of Three Day Nationwide Strike, Public Sector Banks Remain Open Today

• Public sector banks remained open Sunday ahead of a proposed three-day nationwide strike
• Sunday opening gave customers extra time for essential banking transactions before the strike
• A strike could disrupt branch services at SBI and other public sector banks

Bank strike deferred after IBA assurance on five-day work week

Bank closure this week: When and where will banks stay shut from September 28 to October 4

• A nationwide bank strike is set from September 28 to 30
• A nationwide strike may disrupt banking services and branch operations at Indian banks

Axis Bank plans 12,500 campus hires, redeploys staff amid AI push

• Axis Bank plans around 12,000–12,500 campus hires in FY27, versus 11,500–11,600 in FY26
• Higher hiring signals continued expansion at Axis Bank, with staffing costs relevant to its shareholders

Five-day week: An 11-year dilemma

• The article argues extending banks’ Saturday holiday is a logical step for staff well-being and operational efficiency
• A five-day week could affect Indian banks’ staffing costs and branch operations