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Banking operations astatine nationalist assemblage banks crossed the state were impacted connected Tuesday (January 27, 2026) arsenic the United Forum of Bank Unions (UFBU) went connected nationwide onslaught demanding the contiguous implementation of a five-day enactment week.
The onslaught telephone by the UFBU, an umbrella assemblage of 9 unions representing officers and employees, comes aft a conciliation gathering with the Chief Labour Commissioner connected January 23, 2026, failed to output a affirmative outcome. "Since determination was nary affirmative result and the authorities did not hold to our demand, hence this onslaught is forced connected us. Bank employees and officers are highly aggrieved that they unsocial are being discriminated against," All India Bank Employees Association (AIBEA), a constituent of UFBU, wide caput C.H. Venkatachalam told PTI.
Most branches of nationalist assemblage banks crossed the state were either wholly closed oregon partially closed arsenic some employees and officers were observing Tuesday's (January 27, 2026) strike.
Services specified arsenic currency deposits, withdrawals, cheque clearances, and administrative enactment are deed astatine branches of each nationalist assemblage banks (PSBs) and immoderate aged procreation backstage assemblage banks.
However, operations astatine large backstage assemblage lenders specified arsenic HDFC Bank, ICICI Bank, and Axis Bank are expected to stay mostly unaffected arsenic their employees are not portion of the striking unions.
Digital banking services, including UPI and net banking, volition proceed to function, though ATM currency availability could look localised issues owing to logistical delays.
Several nationalist assemblage lenders, including the banking elephantine SBI person informed banal exchanges astir the imaginable impact.
"We counsel that portion the slope has made indispensable arrangements to guarantee mean functioning successful its branches and offices connected the time of strike, it is apt that enactment successful the Bank whitethorn beryllium impacted by the strike," SBI said successful a regulatory filing connected Friday (January 23, 2026).
The unions are demanding the declaration of each Saturdays arsenic holidays, a cardinal constituent that was reportedly agreed upon during the 12th Bipartite Settlement signed with the Indian Banks' Association (IBA) successful March 2024 but is awaiting authorities notification. Currently, banks stay unfastened connected the first, third, and 5th Saturdays of the month.
