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Informist, Monday, Sept. 7, 2026

--SBI: Sept-Oct bank union strikes likely to impact bank's work 
--SBI: Bank unions said will go on continuous strike from Oct 26 
--SBI: Bank unions said will go on strike on Fri, Sept 28-30
 

NEW DELHI – The United Forum of Bank Unions has called for a day's strike on Friday, a three-day strike Sept. 28-30, and an indefinite strike from Oct. 26, State Bank of India said Monday. The employees' action is likely to affect operations across branches, the bank said. "...While the Bank has made all necessary arrangements to ensure normal functioning of the branches and offices on the days of strike, it is likely that work in the Bank may be impacted by the strike," State Bank of India informed the exchanges.

 

The strikes have been called by the United Forum of Bank Unions on behalf of its seven constituents--All India Bank Employees' Association, All India Bank Officers' Confederation, National Confederation of Bank Employees, All India Bank Officers' Association, Bank Employees Federation of India, Indian National Bank Employees Federation, and Indian National Bank Officers' Congress.

 

The strike is likely in connection with the unions' long-standing demand for a five-day work week for banking sector employees, among other issues. The proposal for a five-day work week for banking services was made to the government two years ago but has not been taken up yet. Unions have called for strikes demanding a five-day work week in the past as well.

 

SBI, the country's largest lender, had reported a net profit of INR 211.21 billion for the June quarter, up over 10% on year, and a net interest income of INR 469.92 billion. Monday, its shares ended at INR 1,005.90 on the National Stock Exchange, down 1% from Friday.  End

 

Reported by Priyasmita Dutta

Edited by Rajeev Pai

 

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