Bank unions have called strikes in September–October 2026 mainly over which demand that remains pending?
- A.Withdrawal of the Performance Linked Incentive scheme
- B.Implementation of five-day banking
- C.Restoration of the Old Pension Scheme
- D.Merger of Regional Rural Banks
Show answer
Correct answer: B. Implementation of five-day banking
Explanation
The correct answer is Implementation of five-day banking. The United Forum of Bank Unions and some other unions in public sector banks, supported by Regional Rural Banks, raised two principal demands: a five-day working week for banks and withdrawal of the Performance Linked Incentive scheme. The Finance Ministry says the strikes are now about the single demand of a five-day week, which is still being examined.
Withdrawal of the PLI scheme is the trap. It was one of the two original demands, but the Government met it by keeping the scheme in abeyance, so it is no longer pending. The Old Pension Scheme and the merger of Regional Rural Banks are not part of these strikes. A one-day strike was held on 11 September 2026; a three-day strike is set for 28 to 30 September and an indefinite one from 26 October 2026.