Bank Unions Call Three-Day Strike Over Five-Day Work Week
· Business · Indian Express, The Hindu
The United Forum of Bank Unions has announced a three-day nationwide strike from September 28 to 30 to demand the implementation of a five-day work week. The union, representing approximately 800,000 employees, also seeks revisions to the government’s performance-linked incentive scheme. While the Indian Banks’ Association previously agreed to the five-day week proposal in March 2024, the unions state that the government has yet to approve the change. The strike is expected to impact physical operations at public sector banks across India, with an indefinite strike threatened if demands remain unresolved by October 26.
Why it matters
The strike will disrupt banking services for millions of customers across India, potentially affecting cash withdrawals, cheque processing, and other branch-based financial transactions.
Read the original report — Indian Express
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