Public Banks Closed: Employee Strike Demands 5-Day Workweek, Disrupts Services
Explainers
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Firstpost•27-01-2026, 10:19
Public Banks Closed: Employee Strike Demands 5-Day Workweek, Disrupts Services
- •Public sector banks nationwide are closed due to a strike called by the United Forum of Bank Unions (UFBU).
- •The strike, following a Sunday and Republic Day holiday, creates a three-day disruption in branch services.
- •UFBU demands the implementation of a five-day workweek, a decision agreed upon in March 2024 but not yet enforced.
- •Bank employees have agreed to work an additional 40 minutes daily on weekdays to compensate for the shorter week.
- •While branch services are affected, digital channels like UPI, banking apps, and ATMs remain operational; private banks are unaffected.
Why It Matters: Bank employees strike for a five-day workweek, impacting public bank services but not digital banking.
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