Bank Strike: Bank Unions Announce Strike On January 27, Which Branches Will Remain Closed Across India?

New Delhi: Several unions affiliated with the United Forum of Bank Unions (UFBU) have announced a strike on January 27 demanding a five-day work week and two days of weekly holidays. The unions say they have been in discussions with the central government and the Indian Banks' Association (IBA) on this issue for a long time, but no concrete decision has been reached yet.

According to the unions, a five-day work system should be implemented in banks, similar to other government offices, to ensure a better work-life balance.

What will be the impact on banking services?

The strike may affect the following services:

Check clearing

Cash deposits and withdrawals

Customer services at branches

Loan and document-related work

However, ATM, UPI, mobile banking, and internet banking services are likely to remain operational.

Will all banks be closed?

According to sources, this strike will primarily affect public sector banks. Private and cooperative banks may experience limited impact. However, the situation may vary at the local level.

What do the unions say?

Bank unions say that the increasing workload and staff shortage are putting immense pressure on employees. They believe that a five-day work week will not only provide relief to employees but also improve the quality of services.

Advice for customers:

Complete your essential banking transactions in advance.

Make greater use of digital banking services.

Check with your bank for the latest updates before visiting a branch.