Tag: UFBU

Bank Strike Postponed: Five-Day Workweek and Job Security Talks Bring Relief to Customers Across India

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.

Bank Strike Postponed: Indian Banks to Remain Open on March 24-25 After Last-Minute Negotiations

The nationwide bank strike set for March 24-25, 2025, was postponed after breakthrough talks between UFBU unions, the Indian Banks' Association, and the Finance Ministry. Banks will function as usual on these dates, but unions warn future strikes are possible if demands aren't met.