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Finance Ministry gives no commitment on five-day work week as bank strike looms

3 sources · first seen 17:18 25 Sept · updated 18:27 25 Sept

The brief

Written from 3 reports · check the source before you trade
  • UFBU plans a three-day strike beginning September 28
  • The union claims to represent 90% of the banking workforce
  • Strike risks service disruption for PSU banks and their customers

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Banks67 todayPSU banks18 todayJobs and layoffs17 todayUnited Forum of Bank Unions20 today

Linked by the tag United Forum of Bank Unions

38 stories this week
  1. 28 SeptBank strike deferred: Are banks open today? Here's what you need to know1 source · Banks will remain open from September 28 to 30 after the UFBU deferred its three-day strike
  2. 28 Sept3-day nationwide bank strike called off1 source
  3. 28 SeptBank Strike Called Off At Last Minute: What Led To The Decision?1 source
  4. 28 SeptBusiness News Live: Bank strike postponed after agreement with IBA; Check details1 source
  5. 28 SeptAre banks open today? Check the latest update on September 28-30 bank strike and bank holiday status on Monday1 source · Banks are expected to remain open on September 28 after the proposed strike was deferred
All United Forum of Bank Unions stories →
Part of a developing story24 updates over 5 days

Bank unions’ September strike and deferral

Bank unions planned a nationwide strike for September 28–30, seeking a five-day work week and pension reforms. The Centre and banks took steps to limit disruption, including early salary payments and Sunday banking; unions later deferred the strike after talks with the IBA.

Friday, 25 September

  1. 2 sources
    Cooperative banks to remain open during proposed September 28–30 bank strike
  2. 2 sources
    Three-day bank strike may disrupt branches around September 30 compliance deadlines
  3. Govt denies five-day banking: Govt says no commitment; unions press strike from Sept 28
  4. 3 sourcesYou are here
    Finance Ministry gives no commitment on five-day work week as bank strike looms
  5. 2 sources
    Three-day bank strike may disrupt salary credits and branch services
  6. Bank strike Sept 28-30: Will financial services work? All ATM, digital wallet and UPI FAQs answered
  7. 7 sources
    SBI and other PSU banks waive ATM charges during September 28–30 strike

See all 24 updates →

Read the reports

3 reports · earliest 17:18
Fortune IndiaNo commitment given to bank unions on 5-day work week by Finance Ministry, say sources17:18thehindu.comNo commitment given to bank unions on five-day work week by Finance Ministry: report18:27The HinduNo commitment given to bank unions on five-day work week by Finance Ministry: report18:27