BS EDIT: Keep banks open

By Business StandardPublished On Sep 24, 2026

Strike Ahead

Bank unions plan a three-day strike from September 28, with an indefinite strike threatened from October 26 if their demands remain unresolved

The Demand

The unions are seeking a five-day work week and withdrawal of the performance-linked incentive scheme for public-sector banks

Customer Impact

While digital banking has grown, small businesses and cash-dependent merchants still need branches for deposits and withdrawals

Saturdays are also crucial for many working customers

A Middle Path

Banks could consider rotating staff through the week while keeping branches open on Saturdays

This would preserve service availability while giving employees a five-day working schedule

PLI Matters

The opposition to performance-linked incentives also needs reconsideration. Specific concerns over implementation can be addressed, but a complete withdrawal may weaken incentives

Avoid Disruption

The interests of employees, customers and taxpayers need to be balanced. Continued negotiations can help find a workable solution and avoid prolonged disruption to banking services