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Public Sector Banks to Open Sunday Ahead of Nationwide Strike

Public Sector Banks to Open Sunday Ahead of Nationwide Strike
Banks Will Remain Open on September 27 Despite Sunday Holiday, MoF Prepares for Proposed Three-Day Strike · freepressjournal.in

Public Sector Banks and Regional Rural Banks will open normally on Sunday, September 27.

This is unusual because Sunday is usually a bank holiday.

The government wants customers to have a chance to complete important banking work before a planned three-day strike.

The strike is scheduled for September 28, 29 and 30.

The Reserve Bank of India approved the opening of branches, offices, ATM-linked branches and Currency Chests.

The United Forum of Bank Unions wants banks to operate five days a week.

The unions also want better pension arrangements and other employee benefits.

The government says the Performance Linked Incentive scheme has been put on hold, but the five-day banking demand is still being considered.

The unions say the strike may continue unless there is concrete progress in negotiations.

Key facts

Sunday operations
Public Sector Banks and Regional Rural Banks will function normally on September 27, 2026.
Proposed strike
The United Forum of Bank Unions has called a proposed nationwide strike from September 28 to 30, 2026.
RBI approval
Branches, offices, ATM-linked branches and Currency Chests were approved to remain operational on September 27.
Main union demand
UFBU is seeking implementation of a five-day banking week.
Other demands
The unions seek pension improvements, a uniform dearness allowance formula and an option for eligible National Pension System employees to switch to the Old Pension Scheme.
Performance Linked Incentive scheme
The government says the scheme has been placed in abeyance, while union demands have also included its withdrawal.
Previous strike
UFBU-affiliated bank unions held a nationwide strike on September 11, 2026.

Quotes

United Forum of Bank Unions (UFBU)

The union federation representing bank employees and organizing the proposed strike.

“Given that most concerns of the Unions have been substantially addressed, that the remaining demand continues to be examined, and that the Government continues to proactively introduce welfare measures for the banking workforce, bank employees are urged to refrain from resorting to strikes, work towards resolving issues through dialogue, and ensure that banking services remain uninterrupted.”
thehansindia.com
“The Department (of Financial Services) reiterates that the welfare and convenience of bank customers remains the Government’s foremost priority. The Government and bank managements have appealed to unions to defer the proposed strike, and have also taken measures to ensure that essential banking services continue un-interrupted, ”
livemint.com thehindubusinessline.com

Sources

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