Bank unions to go for nationwide strike on January 27 over 5-day week demand
If the strike fulfilled to be meaningful it would have a significant impact primarily on the operations of public sector banks for three days in a row, as 25 and 26 January are holidays.
New Delhi: The Bank employees’ union, the authority of the United Forum of Bank Unions (UFBU) has decided to go on a nationwide strike on January 27 related to the demand of a 5-day week.
If the strike fulfilled to be meaningful it would have a significant impact primarily on the operations of public sector banks for three days in a row, as 25 and 26 January are holidays. Bank employees get off at present on the second and fourth Saturday of each month, apart from Sundays.
The declaration of the remaining two Saturdays as holidays was agreed between the Indian Banks’ Association (IBA) and UFBU during the wage revision settlement in March 2024.
RBI, LIC, GIC, etc, are already working for five days a week along with the foreign exchange market, money market, stock exchanges etc., are not working on Saturdays. Further, the central and state government offices do not work on Saturdays.
Therefore, it has been decided to give the call for an all India strike in all the banks on January 27, 2026.
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