What Bank Customers Need to Know Before the Jan 27 Strike
Bank Strike Tomorrow: Which Government Banks Will Be Affected on January 27: Banking operations at government-owned banks across India may be disrupted on January 27 due to a nationwide strike called by bank employees and unions. The strike has been announced by the United Forum of Bank Unions (UFBU), which represents nine major bank unions in the country.
The unions are demanding the introduction of a five-day work week for bank employees. They say that even after several rounds of discussions with the government, the Indian Banks’ Association (IBA), and other authorities, no final decision was taken, forcing them to call for a strike.
This demand is linked to a wage agreement signed in March 2024, which included a proposal to keep banks closed on all Saturdays. However, this proposal has not yet been implemented, leading to growing dissatisfaction among employees. Conciliation meetings were also held by the Chief Labour Commissioner, but the unions said these talks failed to resolve the issue.
If the strike goes ahead, services at most public sector banks, including State Bank of India, Punjab National Bank, Bank of India, and Bank of Baroda, may be affected. Several banks have already warned customers about possible inconvenience.
Meanwhile, private banks such as HDFC Bank, ICICI Bank, and Kotak Mahindra Bank are not expected to be impacted and will continue normal operations.
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