Bank Strike Continues: Employees Demand 5-Day Work Week, Services Affected

• Public sector banks nationwide are on strike today, called by UFBU, demanding a 5-day working week.
• This marks the fourth consecutive day of bank closures, following a three-day holiday, impacting cash flow.
• Bank employees seek two weekly holidays (Saturday and Sunday), a demand for which an agreement was reached in 2024 but not yet officially notified.
• The strike affects major public sector banks like SBI, PNB, Bank of Baroda, BOI, Canara, and Indian Bank.
• Digital services (UPI, internet banking, ATMs) and private banks remain operational despite the strike.

Why It Matters: Public sector bank employees strike for a 5-day work week, affecting services but not digital transactions.