Stories
Banks Urge Customers to Complete Transactions Ahead of Three-Day Strike
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CNBC TV18•25-09-2026, 20:47
Banks Urge Customers to Complete Transactions Ahead of Three-Day Strike
- •Public sector and some old-generation private banks advise customers to complete essential transactions before a three-day strike starting September 28.
- •The United Forum of Bank Unions (UFBU) called the strike for a five-day banking week and other demands, representing 90% of the banking workforce.
- •The strike, if it materializes, will coincide with the banking sector's half-yearly closing.
- •SBI and Bank of India have issued advisories, recommending customers use ATMs, ADWMs, YONO, Internet/Mobile Banking, UPI, and other digital channels.
- •New-generation private sector banks like ICICI Bank, HDFC Bank, Axis Bank, and IndusInd Bank will continue normal operations.
Key Questions Answered
The nationwide bank strike called by the United Forum of Bank Unions (UFBU) is scheduled to take place for three days from September 28 to September 30, 2026.
The UFBU's primary demands include the introduction of a five-day banking week, pension updates and improvements, a uniform dearness allowance formula for pensioners, and an option for National Pension System employees to switch to the old pension scheme.
No, new-generation private sector banks such as ICICI Bank, HDFC Bank, Axis Bank, and IndusInd Bank will continue their normal banking operations during the strike.
