Overview
- The United Forum of Bank Unions has scheduled a three-day nationwide strike from September 28 to September 30, 2026, and has not withdrawn the call as of September 22.
- The Finance Ministry has convened PSB, RRB, IBA and NABARD chiefs to finalise contingency plans and has urged employees to resolve issues through dialogue.
- Major banks including State Bank of India and Union Bank have issued customer advisories asking people to complete branch-only transactions in advance and to use ATMs, ADWMs, UPI and mobile or internet banking.
- Banks say digital channels and ATMs should handle routine transfers and payments, but services that require staff or physical documents—cheque processing, KYC updates and loan paperwork—may face delays and uneven disruption across locations.
- Because September 26–27 are a weekend and September 30 is the half-yearly closing date, the timing heightens reconciliation and treasury risk for banks and could widen impacts for customers and businesses if talks do not produce a settlement before the strike.