Banks to Remain Open on Sunday Amid Nationwide Strike
Key Highlights
- Banks to operate normally on Sunday, September 27.
- UFBU calls for three-day nationwide strike from September 28 to 30.
- Government takes proactive steps to safeguard banking needs of citizens.
Banks across India will operate normally on Sunday. September 27, as the government takes steps to ensure uninterrupted banking services ahead of a proposed three-day nationwide strike from September 28 to 30.
According to the Ministry of Finance, all public sector banks and regional rural banks will function as usual on Sunday, despite the United Forum of Bank Unions (UFBU) calling for a nationwide strike. The move aims to provide customers with an additional working day and prevent an extended disruption in banking services.
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"In view of the proposed three-day nationwide bank strike called by the United Forum of Bank Unions (UFBU) from September 28 to 30, 2026, coinciding with the preceding weekend holidays of September 26 and 27, the government has taken proactive steps to safeguard the banking needs of citizens," the finance ministry said in a statement.
The Reserve Bank of India has given the green light for the launch of new banking infrastructure. This includes branches, offices, and automated teller machine (ATM) linked locations, effective Sunday. This ensures the facilities can operate without interruption.
Unions affiliated with the UFBU are set to bring the nation to a standstill from September 28 to 30. With banking services suspended for five consecutive days. The strike, which will also impact pension benefits, seeks a standardized formula for calculating dearness allowances across all pensioners.
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Additionally, employees under the National Pension System will have the option to transition to the old pension scheme.
The government has said it has already decided to keep the Performance Linked Incentive (PLI) scheme in abeyance following discussions with the unions. The demand for a five-day banking week is still under consideration.
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