Archive · 27 Jan 2026
Bank Strike Disrupts Public Sector Services
Bank employees in public sector banks are going on strike on January 27, 2024.
They want to work only five days a week, with all Saturdays as holidays.
This was agreed upon in a previous agreement but is still waiting for government approval.
The strike will affect services like cash deposits, withdrawals, and cheque clearances at banks like SBI, PNB, and Bank of Baroda.
Private banks like HDFC, ICICI, and Axis will not be affected.
Digital banking services will still work, but there might be some issues with ATMs.
The banks have been informed about the potential impact of the strike.
The strike is expected to disrupt services for three consecutive days, including the previous holidays on January 25 and 26.
Public sector banks to face disruptions due to a nationwide strike on January 27, 2024, by the United Forum of Bank Unions (UFBU).
The strike is to demand the immediate implementation of a five-day work week and declaration of all Saturdays as holidays.
Services such as cash deposits, withdrawals, cheque clearances, and administrative work are expected to be hit at branches of public sector banks.
Major private sector lenders like HDFC Bank, ICICI Bank, and Axis Bank are expected to remain largely unaffected.
Digital banking services will continue to function, though ATM cash availability could face localized issues due to logistical delays.
- Who
- United Forum of Bank Unions (UFBU) and public sector bank employees
- What
- Nationwide strike to demand a five-day work week
- When
- January 27, 2024
- Where
- Public sector banks across India
- Why
- To press for the immediate implementation of a five-day work week and declaration of all Saturdays as holidays
- Strike Date
- January 27, 2024
- Strike Duration
- Three consecutive days (Jan 25-27)
- Affected Banks
- Public sector banks (e.g., SBI, PNB, Bank of Baroda, Union Bank, Canara Bank)
- Unaffected Banks
- Major private sector lenders (e.g., HDFC Bank, ICICI Bank, Axis Bank, Kotak, IDFC First)
- Digital Banking Services
- Continue to function
- ATM Cash Availability
- May face localized issues
- Union Demand
- Immediate implementation of a five-day work week
- Conciliation Meeting
- January 23, 2024 (no positive outcome)
Sources
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