INCOME TAX27 Sept 2026
3-day bank strike deferred: What happened during union body meet? Will SBI, HDFC Bank now remain open 5 days a week? | Mint
The three-day nationwide bank strike planned from September 28 to 30 has been deferred. The Indian Banks' Association (IBA) and United Forum of Bank Unions (UFBU) reached an understanding on Sunday night. So SBI and HDFC Bank branches will stay open for now. Talks on a five-day banking week and pending issues will continue through a new committee.
Key Statutory Highlights
- The three-day nationwide bank strike planned for September 28 to 30 was deferred after the IBA and UFBU met on Sunday night.
- A high-level committee of IBA and UFBU representatives will examine the proposal to declare the remaining Saturdays as bank holidays.
- All Saturdays have not been declared holidays yet, as any final change to the banking week still depends on the committee's outcome and approvals.
Actionable Advice for Taxpayers / Founders:Do not change your banking plans assuming all Saturdays are now holidays. Keep following your bank's current branch timings, and check its official notice for any update on the five-day banking week.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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