T.A.M · The Air Media
← Back to live feed
Weightage 100 3 outlets citing Business IN

Indian banks to remain open Sunday ahead of three-day strike

Public sector and regional rural banks in India will remain open this Sunday to accommodate customers before a planned three-day nationwide strike from September 28 to 30. The United Forum of Bank Unions is organizing the strike to demand, among other things, a five-day work week.

First reported 1 hour ago · latest update 32 minutes ago
T.A.M verified this synthesis across 3 independent outlets. The headline and summary are written neutrally from all citations below.
Mint Authority 83

All Public Sector Banks (PSBs) and Regional Rural Banks (RRBs) will remain open and operate normally on Sunday, September 27, the Finance Ministry said in a statement, as the government moved to limit disruption to banking services ahead of a proposed three-day nationwide strike.The United Forum of Bank Unions (UFBU) has proposed the strike from September 28 to 30.

The proposed strike would follow the weekend holidays on September 26 and 27, resulting in banking services being disrupted for five consecutive days.The Finance Ministry said the Reserve Bank of India (RBI) has approved the opening of all bank branches, offices, ATM-link branches and currency chests on September 27.The additional working day on Sunday would ensure that customers can access essential banking services before the strike begins on Monday."In order to ensure that the genuine banking needs of the public are not adversely affected for an extended period, all Public Sector Banks and Regional Rural Banks will function normally on Sunday, the 27th of September, 2026," the ministry said.

Why are banks being kept open on Sunday?The decision comes against the backdrop of the proposed UFBU strike and the weekend holidays immediately preceding it. The government said the move was aimed at preventing an extended disruption to customers.The RBI's approval covers the wider banking network, including regular branches, bank offices, ATM-linked branches and currency chests.The government and bank managements have also appealed to the unions to defer the proposed strike and resolve their outstanding demands through discussions."The Government and bank managements have appealed to unions to defer the proposed strike, and have also taken measures to ensure that essential banking services continue un-interrupted," the ministry said.

What is the bank unions' demand?The UFBU is seeking a five-day working week in the banking sector, periodic revision of pension for retired employees among others.The proposed strike also coincides with the half-yearly closing of banks on September 30, an important date for activities including provisioning, reconciliation, treasury operations and other financial work.

↗ Read the original at Mint

Citations · 3 reports from 3 outlets

Tap a citation to read it above, right here on T.A.M.

83 Mint ★ most authoritative citation

Are banks open this Sunday? Here's what customers need to know ahead of three-day nationwide strike from September 28-30

All public sector and Regional Rural Banks will remain open on Sunday, September 27, ahead of a proposed three-day nationwide strike from September 28 to 30. The move aims to prevent disruption after the weekend holidays.

32 minutes ago
82 Hindustan Times

Govt says banks will remain open this Sunday ahead of three-day nationwide strike

The United Forum of Bank Unions (UFBU) is primarily seeking a five-day banking week, among other demands.

1 hour ago
80 Times of India

Banks to open on Sunday ahead of 3-day nationwide strike: What customers should know

1 hour ago · KANCHAN YADAV

Discussion

Read it on the T.A.M app Weighted news · citations · ad-free
Get the app