Delhi 19 march 2025 : A nationwide bank strike is set to come next week, led by the United Forum of Bank Unions (UFBU) and this may bring a significant portion of India’s financial sector to a standstill.
This comes after talks for certain demands with the Indian Banks’ Association (IBA) failed.
On which days will the bank strike happen?
The bank strike will take place on March 24 and 25 next week, which is a Monday and Tuesday respectively.
The strikes will impact public sector, private sector, and regional rural banks as well, potentially leading to four days of interrupted services due to Saturday and Sunday being bank holidays as well since March 22 is a fourth Saturday.
Which banking services will be affected?
“Banking services like clearing house, cash transaction, remittances, advances will be affected for four days starting from March 22,” an ANI report quoted Pankaj Kapoor, VP, All India Bank Officers Confederation (AIBOC) as saying.
However, ATM and online banking transactions will still available, though larger or time-sensitive transactions might get delayed.
Summary: Bank strike on March 24-25 may disrupt services like cash withdrawals and cheque clearance. Public banks affected; digital banking may work. Customers advised to plan transactions early.