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Nationwide 3-day bank strike from Sep 28 may disrupt core services; digital channels likely stay available and public banks most affected.
The proposed three-day nationwide bank strike from September 28 to 30 has been deferred after the Indian Banks' Association (IBA) and the United Forum of Bank Unions (UFBU) reached an understanding during a meeting on Sunday night.
For bank employees, a five-day week is the principal unresolved demand. At present, bank branches are closed on the second and fourth Saturdays. The unions want all Saturdays to become holidays.