Why are banks open this Sunday? Here's what prompted govt to keep banks open on Sept 27
The RBI has also approved the operation of bank branches, offices, ATM-linked branches and currency chests on September 27
The government instructed banks to stay open on Sunday, September 27, to avoid customer inconvenience during a three-day nationwide bank union strike. This decision came after the United Forum of Bank Unions (UFBU) called for the strike following an inconclusive meeting with the deputy chief labour commissioner. The strike, which is backed by seven major bank unions, demands a five-day workweek that was allegedly stalled in the March 8, 2024, Settlement and Joint Note.
The government has also advanced central government employees' salaries, wages, and pensions ahead of the proposed bank strike.
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