From The Economic Times · ET Online · · 1m
SBI and top banks warn of 5-day strike impact
SBI, Bank of Baroda, and Canara Bank urge customers to prepare for three-day strike disrupting banking services.
In brief
SBI, Bank of Baroda, and Canara Bank urge customers to prepare for three-day strike disrupting banking services. Indian banks will close for five days as unions demand better pay and pension reforms. Originally reported by The Economic Times.
Strike warning
SBI, Bank of Baroda, and Canara Bank advise customers to complete important transactions before September 28-30 strike.
“SBI said certain bank employees' unions have called for a three-day strike from September 28 to 30, 2026.”
Digital channels urged
Banks recommend using ATMs, UPI, mobile banking, and self-service options during the strike period.
“Bank of Baroda said customers could use its digital and self-service channels for routine banking transactions.”
Strike duration
The strike is expected to close banks for five days due to weekend overlap with the strike dates.
“The strike was expected to disrupt banking services for five days, as the two days preceding September 28 fall over the weekend.”
Government response
Government confirmed public sector banks will operate on Sunday, September 27, to minimize disruption.
“The Reserve Bank of India has approved the operation of all bank branches on Sunday, September 27, 2026.”
Union demands
United Forum of Bank Unions seeks 5-day banking, pension reforms, and NPS scheme changes.
“United Forum of Bank Unions is primarily seeking 5-day banking among other demands.”
Strike impact
Strikes disrupt public services, business operations, and government transactions while affecting bank employees.
“Strikes cause disruption in banking services that inconvenience the public, impact the business of the banks, and ultimately harm the interests of bank employees.”
The main idea
Indian banks will close for five days as unions demand better pay and pension reforms.
