Economy
Bank Unions Launch Three-Day Nationwide Strike Impacting Services
The Hindu22h
THE BRIEF
1
Banking services including cheque clearances and cash deposits are likely to be disrupted as bank unions begin a three-day nationwide strike on September 28.
2
The strike is expected to primarily affect public sector banks, old-generation private banks, and regional rural banks, while new-generation lenders and digital platforms remain operational.
3
The United Forum of Bank Unions is pressing for a five-day working week, pension updates, and improved dearness allowances, with threats of an indefinite strike starting October 26.