INCOME TAX29 Sept 2026
Bank unions strike: IBA, UFBU form high-level committee to discuss 5-day banking, other demands — Here's all we know | Mint
Bank unions have deferred their planned three-day strike, which was set for 28 to 30 September. Now a high-level committee of bank leaders and union members will discuss a five-day work week and other employee issues. The unions deferred the strike after talks with the Indian Banking Association. Nothing changes for you yet, but banking days may shift later. Check official bank notices before planning branch visits.
Key Statutory Highlights
- The United Forum of Bank Unions (UFBU) deferred its proposed three-day strike that was originally scheduled from 28 to 30 September.
- The Indian Banking Association (IBA) has formed a high-level committee to discuss five-day banking, with Rajneesh Karnatak, MD and CEO of Bank of India, as Chairman.
- The committee will explore all possible alternatives and talk with all concerned to work out a solution acceptable to everyone, including customers.
Actionable Advice for Taxpayers / Founders:Keep watching your bank's official notices before you plan branch visits, cheque clearing or paperwork, because working days could change once the committee settles the five-day banking plan.
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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