Finance Ministry Meeting with Chiefs of PSU Banks wrt strike announced by Bank Employees
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The Department of Financial Services (DFS), Ministry of Finance, Government of India, had called an important meeting with MD&CEO of public sector banks, following the announcement of a three-day bank strike from September 28 to September 30, 2026 by the United Forum of Bank Unions (UFBU).
In view of the proposed strike, the Department of Financial Services scheduled a meeting under the chairmanship of the Secretary (Financial Services) on September 21, 2026, at 3:00 PM. The meeting discussed steps required to ensure that banking operations and essential customer services continue during the strike period.
The meeting was held with Chairman, State Bank of India, Managing Directors and Chief Executive Officers of all Nationalised Banks, Chief Executive of the Indian Banks’ Association (IBA), Chairman of NABARD and Chairmen of all Regional Rural Banks (RRBs).
What happened in meeting?
In today’s meeting, the Department of Financial Services (DFS) has directed the CEOs of public sector banks to prevent employees from participating in the proposed strike. Govt has asked MD&CEOs to prevent employees from participating in strike by any means – whether by hook or by crook.
On one side, an emotional appeal is reportedly being made that if employees go on strike, customers may shift to private sector banks.
On the other hand, controlling offices have reportedly been directed to file FIRs against employees who allegedly prevent or stop other employees from reporting for duty. It was also reportedly stated that FIRs could be filed against controlling office heads who fail to take such action.
It was further reportedly discussed that FIRs may be filed against employees who leave their stations during the strike period. The IBA has also reportedly been asked to issue a circular clarifying who can and cannot participate in the strike.
The Government has directed Banks to use all possible measures to prevent employees from participating in strike.
The same information was also shared by AIPNBOF GS on social media. AIPNBOF GS stated that if the government puts all employees in jail, who will run the banking system after 30 September? He has also urged Bankers not to be distracted by all these things. He has urged bankers to remain firm on their demand of Five-day banking.
