Bank Strike Alert: 4-Day Closure Looms This Week Over 5-Day Work Week Demand
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News18•19-01-2026, 17:19
Bank Strike Alert: 4-Day Closure Looms This Week Over 5-Day Work Week Demand
- •Banks may face a 4-day closure from January 24-27 due to a potential strike by bank employees.
- •The closure includes a fourth Saturday, Sunday, Republic Day holiday, and a proposed strike day.
- •Bank unions, under UFBU, are demanding a 5-day work week, citing reduced workload and improved work-life balance.
- •To offset reduced working days, UFBU proposes an additional 40 minutes of work daily from Monday to Friday.
- •RBI's approval is crucial for implementing the 5-day work week across India's banking system.
Why It Matters: Bank employees may strike for a 5-day work week, potentially closing banks for 4 consecutive days.
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