Bank strike today
The United Forum of Bank Unions (UFBU) will disrupt banking services at public sector banks across India, including SBI and PNB, on Tuesday, 27 January, as it goes ahead with a nationwide strike.
Bank holiday on 27 January: Which banks will remain closed?
The strike follows a long weekend, with banks already closed on January 24, 25 and 26 due to the fourth Saturday, Sunday and Republic Day, resulting in some branches remaining shut for four consecutive days. Although 27 January is not an official holiday, the strike is likely to affect operations at public sector lenders.
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SBI, PNB, Union , Canara and Baroda are among the banks likely to face disruptions. In a regulatory filing, SBI said it has made arrangements to maintain operations but acknowledged that the strike may still impact work.
Which banks will not be affected?
Private banks such as HDFC Bank, ICICI Bank, Axis Bank and IDFC First Bank will function normally. The strike may affect branch services like cash transactions, cheque clearances and administrative work, and could cause localised ATM cash issues. However, digital services such as UPI and internet banking will continue without disruption.
Which services will the strike impact, and which services will it not affect?
The unions called the strike to demand a five-day work week and all Saturdays as holidays. The proposal was discussed during the 12th Bipartite Settlement and is awaiting government approval.
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