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News1827-01-2026, 11:30

Nationwide Bank Strike: Services Hit as Unions Demand 5-Day Work Week

  • Banking operations at public sector banks nationwide were impacted due to a strike by the United Forum of Bank Unions (UFBU).
  • The strike demands immediate implementation of a five-day work week, with all Saturdays declared holidays.
  • Conciliation meetings failed, leading UFBU to proceed with the strike, citing discrimination against bank employees.
  • Services like cash deposits, withdrawals, and cheque clearances were affected at PSBs and some old private banks.
  • Major private banks (HDFC, ICICI, Axis) and digital banking services (UPI, internet banking) remained largely unaffected.

Why It Matters: Bank services nationwide were disrupted by a strike demanding a five-day work week and Saturday holidays.

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