United Forum of Bank Unions

It represents around 90% of the banking workforce. [1] source: Mint UFBU engages with the Indian Banks’ Association (IBA) on employees’ working conditions, including a proposed five-day work week, Saturday holidays and changes to the PLI scheme. [2] source: NDTV Profit[3] source: The Hindu BusinessLine[4] source: Business Today

In September 2026, UFBU deferred its proposed three-day nationwide strike, scheduled for September 28 to September 30, after talks with the IBA. [2] source: NDTV Profit[3] source: The Hindu BusinessLine The IBA agreed to form a high-level committee on a five-day work week and discuss PLI changes, including remaining Saturday holidays. [2] source: NDTV Profit[3] source: The Hindu BusinessLine The planned stoppage concerned branch banking and was reported as a potential risk to cash and settlement access for retailers and consumers. [1] source: Mint After the deferral, branches were to remain open on September 29-30; banks were to close on 2 October, while UPI, ATMs, NEFT and RTGS remained available. [5] source: Mint