Banks Will Remain Open on September 27 Despite Sunday Holiday, MoF Prepares for Proposed Three-Day Strike
New Delhi: Public sector banks and regional rural banks will remain open on Sunday, September 27, as the government seeks to prevent prolonged disruption to banking services ahead of a proposed three-day nationwide bank strike . The strike, called by the United Forum of Bank Unions (UFBU), is scheduled from September 28 to September 30. It follows the weekend holidays on September 26 and 27,…
The Reserve Bank of India has approved the opening of bank branches and ATM-linked facilities on Sunday, September 27, despite an upcoming three-day nationwide bank strike proposed by the United Forum of Bank Unions (UFBU). The strike is set to commence on September 28 and conclude on September 30, potentially disrupting banking services for five consecutive days due to recent weekend holidays on September 26 and 27.
The government and banking management have appealed to the UFBU to postpone the strike and resolve outstanding demands via negotiations. The proposed strike coincides with the banks' half-yearly closing activities, which could impact reconciliation, provisioning, treasury operations, and financial-market functions. In light of this, banks are expected to arrange for the availability of essential services during the strike period.
Customers are advised to complete time-sensitive branch transactions on September 27 and monitor official bank communications for updates on service availability. While digital banking, mobile applications, UPI, and ATMs may remain accessible, cash availability and branch-dependent services may face pressure if the strike proceeds. The Finance Ministry prioritizes customer welfare and convenience, aiming to minimize inconvenience for depositors, businesses, and other customers requiring branch-based services.
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