Proposed Bank Strike Deferred; Branches Functioning as Usual
The bank strike called by the United Forum of Bank Unions (7 unions) for 28–30 September 2026, and the continuous strike from 26 October 2026, has been deferred after talks between IBA and the unions.
By ScoutQuest · · 1 min read
- Strike Dates Deferred
- 28–30 September 2026, and continuous strike from 26 October 2026
- Unions Involved
- United Forum of Bank Unions (AIBEA, AIBOC, BEFI, NCBE, AIBOA, INBEF, INBOC)
- Resolution Mechanism
- Discussion and understanding between Indian Banks' Association (IBA) and bank unions on key demands
- Operational Status
- All branches and offices across India functioning as usual with uninterrupted services
What happened
The bank informed the exchanges that the strike proposed by the United Forum of Bank Unions (UFBU) has been deferred.
- The UFBU consists of seven unions: AIBEA, AIBOC, BEFI, NCBE, AIBOA, INBEF and INBOC.
- Strike dates originally proposed: 28th to 30th September 2026, plus a continuous strike from 26th October 2026.
- The deferment follows discussion and understanding between the Indian Banks' Association (IBA) and the bank unions on their key demands/issues.
Impact on operations
All branches and offices of the bank across India are functioning as usual, ensuring uninterrupted banking services for customers. This removes the near-term risk of service disruption that a multi-day strike could have caused.
The update was shared under Regulation 30 and 51 of SEBI (LODR) Regulations, 2015.
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More numbers
- Unions in UFBUseven unions
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