Tag: United Forum of Bank Unions

Bank Strike Delayed: Nationwide Protest Halted After Talks with Finance Ministry

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.

Bank Strike Cancelled: Banking Services to Operate Normally This March

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.