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JK: Ahead of three-day strike, bankers hold demonstration in Jammu

Jammu, Sep 24 (UNI) Ahead of announced three-day strike from September 28, the bankers under the banner of United Forum of Bank Unions (UFBU), here this evening held a demonstration in which many Bank Officers and Employees participated.
The United Forum of Bank Unions, consisting of seven unions of Bank employees and officers viz. All India Bank Employees’ Association – AIBEA, All India Bank Officers Confederation – AIBOC, National Confederation of Bank Employees – NCBE, All India Bank Officers Association – AIBOA, Bank Employees Federation of India – BEFI, Indian National Bank Employees Federation – INBEF, Indian National Bank Officers Congress – INBOC, will observe a three-day all India Bank Strike on September 28, 29 and 30, in which 8 lakh bank employees and officers working in Public sector banks, Private sector banks, Foreign banks, Regional Rural Banks and Co-op.Banks will participate.
Speaking on occasion, Rajesh Mehta, Secretary All India Bank Officers’ Confederation (AIBOC) J&K and Ladakh UT said that they are demanding approval of the Government for implementation of 5-day work week in Banking Industry and declaring the remaining Saturdays (at present 2nd and 4th Saturdays are already holidays for Banks) as holidays as recommended by the Indian Banks’ Association based on the Memorandum of Understandings signed between IBA and UFBU on 7 December 2023 and as agreed in the Settlement /Joint Note dated 8 March 2024.
He said that this has been duly recommended to the Government but unfortunately it is pending approval from the Government for the past two years.
Since there was no response from the Government, UFBU gave the call for 2 days’ strike on March 24, 25, 2025 and at that time the Govt. informed them that the issue is under active consideration and hence the strike was deferred.
Hence United Forum of Bank Unions, after drawing the attention of the Government through various protest programmes, has given the call for three-day strike on September 28, 29 and 30 and ultimately indefinite strike from October 26, 2026.
It was also stated that in the financial sector, already in RBI, LIC and GIC, this has been implemented.
In the Central and State Governments, all their offices work only from Monday to Friday.
Stock Exchanges function from Monday to Friday. Money markets, foreign exchange transactions, etc., are closed on Saturdays and Sundays. In Banks already, the 2nd and 4th Saturdays are holidays.
Hence declaring the remaining Saturdays as holidays with increased working hours from Monday to Friday will not pose any major problem for the bank customers in the present circumstances when various alternative delivery channels to access banking services are available.
The other leaders from the UFBU told the media that they have been demanding the introduction of five working days per week in the banking sector.
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