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Banks to open this Sunday — Here's why, and what shuts next week

The United Forum of Bank Unions has announced the three-day strike to press for a five-day banking week and other demands.

Published on: Sep 26, 2026, 10:24:09 IST
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Public sector banks and regional rural banks will remain open on Sunday, September 27, the government has said.

Banks, including Regional Rural Banks, will remain open on Sunday. (Representative Image (File Photo/PTI))
Banks, including Regional Rural Banks, will remain open on Sunday. (Representative Image (File Photo/PTI))

The Ministry of Finance, in a statement on Wednesday, said, “In view of the proposed three-day nationwide bank strike called by the United Forum of Bank Unions (UFBU) from September 28 to 30, 2026, coinciding with the preceding weekend holidays of September 26 and 27, the government has taken proactive steps to safeguard the banking needs of citizens.”

Also Read | Govt says banks will remain open this Sunday ahead of three-day nationwide strike

What the government said

Deep Dive

Why will public sector banks open on Sunday, September 27, 2026?

Public sector banks will open on Sunday to ensure that citizens can complete their banking transactions before a three-day nationwide strike from September 28 to 30, 2026, called by the United Forum of Bank Unions (UFBU).

What services could be disrupted during the bank strike from September 28 to 30?

During the strike, services like cash deposits and withdrawals at branches, cheque processing, and demand drafts may be disrupted, especially those requiring in-person assistance, while digital banking services will largely remain operational.

What are the main demands of the United Forum of Bank Unions (UFBU) during the strike?

The UFBU's main demands include the implementation of a five-day banking week, improvements to pension schemes, and the option for employees under the National Pension System to switch to the old pension scheme.
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The ministry's statement added that to ensure that citizens' banking needs are not adversely affected for an extended period, "all Public Sector Banks and Regional Rural Banks will function normally on Sunday, the 27th of September, 2026."

Furthermore, the Reserve Bank of India (RBI) granted approval for all bank branches, offices, ATM-linked branches and currency chests to remain fully operational on Sunday.

It added that the government and bank managements have appealed to unions to defer the proposed strike, and have also taken measures to ensure that essential banking services continue uninterrupted.

The United Forum of Bank Unions (UFBU), which claims to represent 90 per cent of the banking workforce, has announced the three-day strike to press for a five-day banking week and other demands.

Key demands

The proposed three-day strike follows a one-day strike held on September 11.

- The unions have primarily sought implementation of a five-day banking week, according to a news agency ANI report.

- The other demands include: an update and improvement of pension, a uniform dearness allowance formula for all pensioners and an option for employees covered under the National Pension System (NPS) to switch to the old pension scheme (OPS).

The proposed strike period also coincides with the half-yearly closing of banks on September 30, Wednesday.

Also Read | Banks advise customers to complete essential transactions ahead of 3-day strike from September 28

Banks issue advisory for customers

Certain banks have reportedly issued advisories urging customers to complete essential banking transactions in advance to avoid inconvenience later.

(with inputs from agencies)

 
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