AIPNBOF announces Strike over 5 Day Banking

New Delhi, September 24, 2025 – The All India Punjab National Bank Officers’ Federation (AIPNBOF), affiliated with the All India Bank Officers’ Association (AIBOA), has given a formal notice of a one-day strike on October 9, 2025.

In a letter addressed to the Secretary, Department of Financial Services, Ministry of Finance, the federation stated that the strike decision has been taken under the provisions of the Industrial Disputes Act, 1947.

The federation’s primary demand is the immediate declaration of all Saturdays as holidays for the banking industry under the Negotiable Instruments (NI) Act.

According to the notice, the Indian Banks’ Association (IBA) has already recommended to the Government of India that all Saturdays should be declared holidays for banks, in line with the agreement reached between the United Forum of Bank Unions (UFBU) and the IBA under the 9th Joint Note dated March 8, 2024.

The strike call has been signed by Krishna Kumar, General Secretary of AIPNBOF, and a copy of the notice has also been sent to the Chief Labour Commissioner, Ministry of Labour, and the MD & CEO of Punjab National Bank.

If the demand is not addressed, banking services across Punjab National Bank branches may be disrupted on October 9.