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Banks are expected to remain open on September 28 as the proposed strike has been deferred. This decision follows discussions between the United Forum of Bank Unions and the Indian Banks Association. A high-level committee will be formed to address pending demands, including holiday declarations for Saturdays.…
The IBA-UFBU committee will now examine the Saturday holiday issue. The two sides will also discuss the PLI scheme and other pending matters listed in the minutes of their March 8, 2024 meeting.
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.