Bank strike from September 28-30: Are banks closed for 5 days from Saturday, Sept 26? Here’s what you need to know
All scheduled banking operations will be suspended from September 28 to September 30 as a result of a strike organized by the United Financial Bankers Union (UFBU). The three‑day shutdown will affect branch services, cash withdrawals, cheque clearing and electronic fund transfers across the country. To mitigate inconvenience, banks have announced that they will remain open on September 27, offering a full day of services to accommodate customers before the strike commences. Customers are advised to complete essential transactions, such as loan repayments, bill payments and cash deposits, before the closure. The UFBU has stated that the strike is intended to press for better working conditions and policy reforms within the banking sector. While the strike is expected to resume normal operations on October 1, some ancillary services, such as ATMs and online banking platforms, may experience intermittent disruptions. What to watch: any announcements from the UFBU regarding the duration of the strike and its impact on credit availability.
Editor's note: The article clearly details the strike schedule and banking operations as summarized.
This article is AI-generated and fact-gated. Original reporting: Livemint Money