Nationwide bank strike from tomorrow: Will online services still work? Which banks will be open? Key details
Branches of new generation private sector banks, including ICICI Bank, HDFC Bank and Axis Bank, will remain open during the three-day strike.
A nationwide bank strike in India is set to commence from Monday, potentially causing disruptions for three days. The strike, called by the United Forum of Bank Unions (UFBU), aims to secure a five-day working week for employees and officers along with other pending issues. While online banking services are expected to remain operational during the strike, branch-based services such as cheque clearance, cash deposits, and withdrawals may experience delays.
Public sector banks, old generation private sector banks, and regional rural banks are likely to be affected the most. However, new generation private sector banks like ICICI Bank, HDFC Bank, and Axis Bank will remain open during the strike period. Bank customers are advised to complete essential transactions before the strike and utilize digital channels like ATMs, internet/mobile banking, UPI, and other digital platforms for their banking needs.
The strike follows a one-day nationwide protest held on September 11. Despite the government's efforts to address the unions' concerns through dialogue, the demand for a five-day working week remains unresolved. The finance ministry has urged bank employees to resolve their issues through dialogue instead of resorting to strikes.
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