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Bank unions have called for a two-day nationwide strike from March 24 over various demands including a five-day working week and adequate recruitment in all cadres. The strike called by the United Forum of Bank Unions (UFBU), a joint organization of nine bank employees unions, also aims to fill the posts of employee/officer directors in public sector banks (PSBs).

UFBU said in a statement on Friday that after due discussion and deliberation, it has been decided to launch an agitation program with a two-day consecutive strike on March 24 and 25, 2025. Apart from this, UFBU has demanded immediate withdrawal of the recent instructions of the Department of Financial Services (DFS) on performance review and performance-based incentives, which 'threaten job security and create division among employees.'

UFBU alleged that the autonomy of the board related to micro-management of public sector banks in policy matters by DFS has been weakened. It also demanded the resolution of pending issues with the Indian Banks Association (IBA) and amendment in the Gratuity Act on the lines of the scheme for government employees, raising its limit to Rs 25 lakh and giving exemption from income tax.

The members of UFBU include All India Bank Employees Association (AIBEA), All India Bank Officers Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers Association (AIBOA) and Bank Employees Federation of India (BEFI).

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