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New Delhi, Sept. 27 -- Public sector banks (PSBs) and regional rural banks (RRBs) opened their branches across India on Sunday in an unusual move ahead of a three-day nationwide bank strike. But is this the first time banks in the country have operated on a Sunday? Mint explains:The immediate trigg…
Bank customers dreading a delay in transactions due to the proposed three-day bank strike have reason to cheer as the United Forum of Bank Unions (UFBU) has decided to defer the move.
Why did bank unions defer 3-day strike: The three-day bank strike planned for September 28 to 30 has been deferred after the IBA and UFBU met on Sunday night. Check what key decisions were taken on 5-day banking, all Saturdays as holidays, incentive scheme for senior officers and other demands by bank unions.