Archive · 28 Sep 2026
Bank Employees' September Strike Deferred After IBA-UFBU Talks
Bank employees were planning a strike in late September.
Their union has now postponed the strike until further notice.
Reports give the planned dates as September 28 to 30, while one report mentions September 28 alone.
The United Forum of Bank Unions and the Indian Banks’ Association met on September 27, 2026.
They agreed to create a committee about making the remaining Saturdays holidays.
The committee will speak with different groups and look for a solution that also works for customers.
The groups will discuss changes to a performance-based pay scheme for some senior officers.
They will also continue working on other unresolved union issues before deciding what happens next.
The United Forum of Bank Unions deferred the proposed bank strike and related agitation programmes until further notice.
Reports list the proposed strike dates as September 28-30, while another account identifies September 28 as the scheduled date.
The decision followed a meeting between the Indian Banks’ Association and UFBU at about 9:30 p.m. on September 27, 2026.
The parties agreed to form a high-level committee to examine the demand for holidays on the remaining Saturdays.
Discussions will also cover the PLI scheme for Scale IV and above officers and residual issues listed in the March 8, 2024 minutes.
- Who
- The Indian Banks’ Association and the United Forum of Bank Unions, representing constituent bank unions.
- What
- The proposed bank strike and related agitation programmes were deferred, and a joint committee was agreed to address union demands.
- When
- The decision was taken during a meeting at about 9:30 p.m. on September 27, 2026; the strike had been proposed for September 28-30, or September 28 according to one report.
- Where
- The meeting’s location was not specified; one report was datelined Hyderabad.
- Why
- The postponement followed an understanding to continue negotiations, form a committee on Saturday holidays, and address other outstanding issues.
- Organisations
- Indian Banks’ Association and United Forum of Bank Unions
- Strike status
- Deferred until further notice
- Reported strike dates
- September 28-30; one account lists September 28 alone
- Decision date
- September 27, 2026
- Saturday-holiday issue
- A high-level IBA-UFBU committee will examine declaring the remaining Saturdays holidays
- Additional discussions
- The PLI scheme for Scale IV and above officers and residual issues from the March 8, 2024 minutes
- Next step
- UFBU will determine its future course after the committee and broader discussions
