Bank Strike Looms: 4-Day Closure Possible Over Five-Day Work Week Demand
Business
N
News18•19-01-2026, 15:26
Bank Strike Looms: 4-Day Closure Possible Over Five-Day Work Week Demand
- •Bank employees plan a strike on January 27, demanding a five-day work week.
- •This strike, combined with existing holidays (Jan 24, 25, 26), could lead to a four-day bank closure.
- •Unions argue a five-day week reduces work pressure, improves efficiency, and offers better work-life balance.
- •The United Forum of Bank Unions (UFBU) proposes extending daily working hours by 40 minutes to compensate.
- •RBI approval is crucial for implementing the five-day work week across India's banking system.
Why It Matters: Bank employees' strike for a five-day work week could shut banks for four consecutive days.
✦
More like this
Loading more articles...
