BusinessBank Unions Defer Strike; Panel to Review All Saturdays as Holidays
Bank unions postponed their planned three-day strike after talks with the Indian Banks' Association (IBA). They agreed to form a panel to examine the possibility of making all Saturdays holidays. The strike was called by the United Forum of Bank Unions (UFBU) over demands including a five-day banking week and issues with the performance-linked incentive scheme. The IBA had agreed to a five-day work week under the 12th Bipartite Settlement and 9th Joint Note, pending government approval.
News18 Business·3h ago


