The 1st meeting of High level committee for 5-day banking will be held today i.e. 1st October 2026.
Earlier, the meeting was scheduled to be held on 30 September 2026 but the meeting was postponed due to some exigency.
UFBU informed its members that the meeting was postponed due to some exigency and the meeting will be held on 1st October 2026.
1 October 2026 Meeting Updates
The meeting was held between UFBU and IBA in online mode. The meeting concluded at 2 pm. A meeting of the Committee was scheduled to be held yesterday, but due to unavoidable reasons, the meeting was rescheduled for today. Accordingly, the meeting was held today noon.
UFBU welcomed the constitution of this Committee immediately as agreed in the Minutes. UFBU welcomed all the members of the Committee and expressed hope and belief that this Committee would be able to discuss and finalise a clear roadmap for implementation of 5 Days Banking within an earliest possible time-frame.
UFBU pointed out that since the issue involves knowing the concerns of the various stake-holders and addressing them with a view to implement the 5 days banking, a physical meeting should be held at the earliest for a full day so all the connected issues can be discussed and sorted out. Accordingly, it has been decided to hold the meeting shortly.
Fake Letter being Circulated
Meanwhile, a letter is being circulated on Social Media that IBA has provided three suggestions:
- Scale wise ROTATIONAL DAY OFF to the staff in Weekday
- ONLY NON CASH HOURS on 5th Saturday of every month
- Scale wise DAY OFF on each Saturday to the staff
This letter is Fake. UFBU has not yet released any official communication.
