Business · India Bureau
Bank strike set for September 28-30 as unions press demands
Banking services across India will face disruption as union leaders prepare for a three-day strike later this month. The Reserve Bank of India has directed all branches and ATMs to remain operational on September 27 to mitigate potential impact from the industrial action.
LSN India ·
Bank employees are set to down tools from September 28 through 30 in the latest show of industrial action by the sector's unions. The strike reflects ongoing disputes between banking sector representatives and management over employment conditions and wage negotiations.
To prevent an extended five-day service gap that could affect customers, the RBI has instructed all bank branches, regional offices, ATM-linked facilities and currency chests to maintain normal operations on September 27. This directive aims to ensure continuity of critical banking services before the stoppage begins.
The banking sector has experienced repeated labour disruptions in recent months as unions press demands for improved working conditions and salary revisions. The latest action underscores persistent tensions between unions representing bank employees and employers over compensation structures and staffing levels.
Customers are advised to complete their banking transactions before the strike commences. The strike is likely to impact branch operations, customer service centres and certain fund transfer services, though digital banking channels are expected to remain functional depending on individual bank systems.