Banks are expected to remain open on Monday, September 28, after bank unions deferred their proposed three-day nationwide strike that was scheduled from September 28 to September 30. The United Forum of Bank Unions (UFBU) deferred the strike after reaching an understanding with the Indian Banks’ Association (IBA) on forming a high-level committee to discuss the unions’ pending demands.
The decision comes just hours before the proposed bank strike was due to begin and means customers should not treat September 28 as a nationwide bank strike day. Branch operations are expected to continue as scheduled, although customers should check their individual bank’s latest advisory before visiting a branch.
