Banks Closed Today, Jan 26, for Republic Day; Strike Threat on Jan 27

• Banks nationwide are closed today, January 26, due to Republic Day, commemorating India's adoption of its Constitution in 1950.
• Customers can still use net banking, mobile banking, UPI, and ATMs, but cheque clearing and over-the-counter services are unavailable.
• Banks may also be closed on Tuesday, January 27, 2026, due to a proposed All-India Bank Strike by UFBU.
• The strike demands a five-day work week for bank employees, citing reduced work pressure and improved efficiency.
• UFBU suggests working 40 extra minutes daily from Monday to Friday to compensate for the five-day week, aligning with other financial institutions.

Why It Matters: Banks are closed today for Republic Day and face a potential strike tomorrow for a five-day work week.