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Banking operations to be hit on January 27 as unions to go on strike seeking five-day work week

  • On January 27, 2026, the United Forum of Bank Unions will stage a nationwide strike to press for immediate implementation of a five-day work week, announced by bank employee and officer unions across India.
  • The demand traces to the 12th Bipartite Settlement in March 2024, which unions say reportedly agreed to declare all Saturdays holidays with the Indian Banks' Association but awaits government notification.
  • Union leaders said staff will work an extra 40 minutes daily Monday–Friday to avoid man-hour loss, while UPI and internet banking remain operational, though ATM cash may face localised delays.
  • Major private lenders are expected to remain largely unaffected, while several public sector lenders, including State Bank of India, warned stock exchanges about possible strike impacts and advised planning transactions.
  • The UFBU, an umbrella of nine unions, argues a five-day week won't reduce productivity as employees agreed to work an extra 40 minutes daily, noting RBI, LIC, and most government offices already follow this schedule.
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Business League - Financial Experts broke the news in on Monday, January 26, 2026.
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