India Bank Strike

The United Forum of Bank Unions (UFBU) has decided to go on a nationwide strike on September 11 over the delay in implementing five-day banking, differences over the performance-linked incentive scheme, and several pending demands, including pension-related issues. If the strike materialises, banking services, especially in public sector banks, would be impacted for four days in many parts of the country. September 11 is a Friday, and the subsequent two days are bank holidays. September 14 is a holiday in some states for Ganesh Chaturthi. UFBU, an umbrella body of nine bank employees' and officers' unions, has also threatened a three-day subsequent nationwide strike beginning September 28, coinciding with the half-yearly closure. They have also decided to go on an indefinite strike from October 26 onwards if their demands fall on deaf ears of the government and bank management. The decision was taken at a meeting held on Sunday, following what the unions described as the governme

Is bank holiday today: The United Forum of Bank Unions (UFBU) has called an all-India bank strike today, January 27, which may disrupt services at public sector banks such as SBI and PNB

UFBU said nearly eight lakh bank employees and officers will observe a one-day nationwide strike as government approval for declaring all Saturdays bank holidays remains pending

The first day of the two-day strike in the banking sector was successful with several branches across the country remaining closed, said All India Bank Employees' Association (AIBEA)

The Maharashtra government on Sunday invoked the Maharashtra Essential Services Maintenance Act (MESMA) barring employees of state-run electricity companies from joining the nationwide protest.

Strikers demands include scrapping of labour codes, no privatisation of any form, scrapping of National Monetisation Pipeline

The two-day nationwide bank strike called by United Forum of Bank Union ended on Friday, impacting normal operations across the country. Lakhs of employees of public sector banks were on strike to protest against the proposed privatisation of banks by the government. Banks will work as usual on Saturday, as it is a working day. United Forum of Bank Union (UFBU) is an umbrella body of nine bank unions, including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW). Services like deposits and withdrawal at branches, cheque clearance and loan approvals remained paralysed due to the two-day strike. ATMs at different parts of the country went dry on the second day. Government treasury operations, negotiating of import and export bills, grant of loans, cash transactions, etc. were not possible and clearing operations were affected. In the three clearing centres of Mumbai, Delhi and Chennai, about 3

The opposition Congress on Tuesday demanded that the finance Minister make a statement to address concerns expressed by 13 lakh bank employees, who are on a two-day nationwide strike

Bank strike continued for day-two on Tuesday, led by nine unions of public sector banks (PSBs) in the country, opposing government's policy to privatise the lenders

United Forum of Bank Unions (UFBU) has given a call for a nationwide strike to protest against the proposed privatisation of two state-owned lenders

However, private sector lenders like ICICI Bank and HDFC Bank were operational

Earlier this week, a meeting with the Chief Labour Commissioner remained inconclusive, AIBOC President Sunil Kumar said

The bank unions have called for a nationwide strike demanding to expedite the process of wage settlement due since November 2017

Cash deposit and withdrawal, and cheque clearances have been impacted due to the nationwide strike

Consequently, banking activities in public sector banks across the country have been interrupted

The two-day nationwide bank strike on May 30 and 31 will hit banking operations and might lead to cash-crunch across the country