3-Day Bank Strike: Will Your September Salary Be Delayed? Here Is What You Need To Know
Bank Strike September 28-30: The strike has been called by the United Forum of Bank Unions (UFBU). It is set to run from September 28 to September 30.
A three-day bank strike has been called by the United Forum of Bank Unions (UFBU) from September 28 to September 30. The strike may cause delays in salary payments for some employees, depending on their employer's payment arrangements and the banks involved.
According to Live Mint, companies that use digital banking and have sufficient funds may still pay salaries on time, but those that rely on branch visits or cheque clearing may face delays. Some public sector banks, including State Bank of India, and older private banks such as Federal Bank and South Indian Bank, are expected to be affected by the strike.
Digital services like UPI, internet banking, and ATMs will remain operational during the strike, but cash transactions and cheque clearing at branches will be disrupted. The bank unions are primarily demanding a five-day banking week and changes to the performance-linked incentive scheme.
Brief written by urgent.news from NDTV - India News, Live Mint — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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