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Informist, Monday, Sept. 21, 2026

 

NEW DELHI – The government has urged bank employees to refrain from strikes and work towards resolving pending issues through dialogue. This will ensure that banking services remain uninterrupted, the finance ministry said in a release.

 

The Department of Financial Services on Monday held a series of meetings to discuss the proposed three-day strike from Sept. 28 to Sept. 30 and an indefinite strike proposed from Oct. 26. The United Forum of Bank Unions and other unions in public sector banks, supported by regional rural banks, have called for these strikes in support of implementation of five-day banking. The release said the government has already taken several measures aimed at improving the working environment, transparency, and welfare of bank employees. 

The proposed strike also coincides with the half-yearly closing of banks on Sept. 30, a date of particular significance for reconciliation, provisioning, and treasury and market operations, the ministry said. "A disruption of this nature, combined with the preceding weekend, would result in an effective five-day closure of banking services at a particularly sensitive point in the financial calendar — causing considerable inconvenience to customers, businesses, government transactions, and international banking operations," it said.  End

 

Reported by Sagar Sen

Edited by Deepshikha Bhardwaj

 

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