India’s bank unions have shifted their nationwide strike to July 9, 2025, aiming at privatization, FDI policy changes, and labor reforms. Their list of demands touches on pension, job security, and service charges. The unions delayed the action after a terror attack in Pahalgam.
Banks across Uttarakhand are set for a rare four-day shutdown as the United Forum of Bank Unions (UFBU) launches a two-day strike combined with regular weekend closures. Customers have been warned to plan ahead due to potential disruptions in both traditional and digital banking services.
India narrowly avoided a major bank strike as unions called off a two-day nationwide closure after extracting key assurances on job security, recruitment, and a five-day workweek from banking authorities. The move followed heated protests and promises of ongoing negotiations.
A major two-day bank strike planned across India, including Aligarh, has been postponed. Bank unions and the Indian Banks' Association agreed to further negotiations after getting key assurances on workweek reforms, recruitment gaps, and controversial performance-linked directives. Talks will continue in April.
The United Forum of Bank Unions (UFBU) postponed its planned nationwide two-day strike, originally set for March 24-25, 2025, following successful discussions with the Finance Ministry and Indian Banks' Association. The strike aimed to address staff shortages, a five-day workweek, job security, and performance-linked incentives. Normal banking operations will continue, with further talks set for April 22.
The planned bank strike for March 24-25, 2025, has been called off, ensuring normal operations after the UFBU and IBA reached a tentative agreement addressing key demands like a five-day workweek and recruitment reforms. While banking services will continue uninterrupted, areas with regional holidays might see limited operations. Ongoing issues are set for review on April 22.