SBI Issues Advisory Ahead of Nationwide Bank Strike from 28 September

SBI Issues Advisory Ahead of Nationwide Bank Strike from 28 September

State Bank of India (SBI) has released an advisory urging customers to complete all essential banking transactions before 25 September, as a three‑day nationwide strike by bank employees is set to begin on 28 September.

Background of the strike

The United Forum of Bank Unions (UFBU) has called for a countrywide shutdown of bank operations from 28 to 30 September 2026. The strike follows a Saturday (26 September) and a Sunday (27 September) on which banks are already closed, meaning services could be unavailable for a total of five consecutive days.

Potential impact on banking operations

If a large number of staff participate, the disruption could affect cash withdrawals, cheque clearing, loan processing and other routine services across the banking sector.

SBI's recommendations for customers

To avoid inconvenience, SBI asks customers to finalise any pending work such as cheque clearance, loan documentation, KYC updates or draft preparation before 25 September. The bank also encourages the use of digital platforms – UPI, internet banking, mobile banking and the YONO app – during the strike period.

Reasons behind the union action

The unions are demanding a five‑day banking week that includes a full Saturday holiday, reforms to pension schemes, a revised performance‑linked incentive (PLI) programme and resolution of long‑standing employee grievances. They have warned that failure to meet these demands could lead to an indefinite strike starting 26 October.

What to expect during the strike

While digital channels are likely to remain operational, physical branches and ATMs may experience reduced cash availability. Customers are advised to plan cash needs in advance and to monitor SBI communications for any further updates.