LIVE | In this episode of Kharcha Pani, we explain why the proposed three-day bank strike from September 28 to 30, 2026 was deferred after talks between UFBU and IBA, and what happens next. We break down the demand for a 5-day work week in banks, the dispute over the PLI or Performance Linked Incentive scheme, what was written in earlier agreements between bank unions and IBA, and why the Finance Ministry says there was no final government commitment on five-day banking. We also explain the government’s response, the impact a prolonged bank strike could have had on customers and businesses, and what the new high-level committee will now discuss. The episode also looks at the 2015 Saturday holiday system, LIC’s five-day work week, the strike timeline, and the larger debate over whether Indian banks should now move to a five-day working model.
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Production: Shruti
Video Editor: Sameer
