Bank strike LIVE updates: These services impacted, check full details here

Under the banner of the United Forum of Bank Unions (UFBU), more than 8,00,000 employees and officers from nine bank unions across the country are likely to participate in the strike. 

Digital banking services, including UPI and internet banking, will continue to function, though ATM cash availability could face localised issues due to logistical delays.

Operations at major private-sector lenders like HDFC Bank, ICICI Bank, and Axis Bank are expected to remain largely unaffected, as their employees are not part of the unions going on strike.

Services such as cash deposits, withdrawals, cheque clearances, and administrative work are expected to be hit at branches of public sector banks (PSBs), including State Bank of India (SBI), Punjab National Bank (PNB), and Bank of Baroda.

"This movement is not against customers, but for a sustainable, humane, and efficient banking system. A rested banker serves the nation better. A balanced workforce strengthens financial stability. 5-Day banking is not a luxury; it is an economic and human necessity," said National Confederation of Bank Employees (NCBE) General Secretary L Chandrasekhar.

"It is unfortunate that the government is not responding to our genuine demand. There would be no loss of man-hours as we have agreed to work an extra 40 minutes daily from Monday to Friday," said All India Bank Officers' Confederation (AIBOC) General Secretary Rupam Roy.

The decision to declare all Saturdays as holidays was agreed upon between the Indian Banks' Association and UFBU during the wage revision settlement in March 2024.

The strike call by the UFBU, an umbrella body of nine unions representing officers and employees, comes after a conciliation meeting on January 23 with the chief labour commissioner failed to yield a positive outcome.

"Despite detailed discussions during the conciliation proceedings, there was no assurance on our demand. Hence, we have been compelled to proceed with the strike action," All India Bank Employees Association (AIBEA), a constituent of UFBU, General Secretary CH Venkatachalam said.

With banks remaining closed on January 25 (Sun) and January 26 (Republic Day), the strike on Tuesday will result in a disruption of branch-level services for three consecutive days.

The strike call by the UFBU, an umbrella body of nine unions representing officers and employees, comes after a conciliation meeting on January 23 with the chief labour commissioner failed to yield a positive outcome.