Bank Strike From September 28: Banking Services to Remain Affected, These Banks Issue Advisory
- India’s Finance Ministry urged public-sector and regional rural bank employees to cancel their planned three-day strike from September 28 to 30.
- The United Forum of Bank Unions is seeking a five-day banking week and the withdrawal of the Performance Linked Incentive scheme.
- The government placed the Performance Linked Incentive scheme in abeyance, while continuing to examine the five-day week proposal.
- The ministry warned that the strike could disrupt banking services during the September 30 half-yearly closing and urged dialogue instead.
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Bank strike from September 28: Banking services to remain affected, these banks issue advisory
The bank unions demand immediate implementation of a five-day work week, a proposal pending since the 2024 wage settlement. They also demand changes to the performance-linked incentive, which they claim was revised unilaterally and in a discriminatory manner.
The government has issued a significant message regarding the proposed nationwide strike by bank employees. The Finance Ministry has appealed to employees to call off the three-day strike scheduled from September 28th to 30th. The government states that negotiations are progressing on several demands and that the strike could impact bank customers, businesses, and government transactions.
Bank Strike Alert: Finance Ministry Urges Unions To Call Off September 28-30 Walkout | 📰 LatestLY
The Finance Ministry urged public sector and regional rural bank unions to cancel their September 28-30 strike, noting the PLI scheme is now in abeyance. Warning of disruptions during September 30 half-yearly closings, authorities stressed ongoing dialogue over the remaining five-day workweek demand. 📰 Bank Strike Alert: Finance Ministry Urges Unions To Call Off September 28-30 Walkout.
Times of India
PressNewsAgency‘Resolve issues through dialogue’: Government urges bank employees to call off September 28-30 strike
The finance ministry urged bank employees to resolve demands through dialogue. A three-day nationwide strike is planned from September 28 to 30. Unions seek a five-day banking week and withdrawal of the PLI scheme. The government has addressed most concerns and is examining remaining issues. Banks are preparing for potential disruptions and advising customers to use digital services.
Bank unions have announced a three-day nationwide strike starting September 28th after conciliation meetings failed to yield any results. The UFBU's main demand is five-day banking, which could disrupt banking services for five days. Learn about the reasons for the strike, its impact on customers, and the government's stance.
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