Bankers Protest Nationwide
Bankers started demonstrations across India demanding 5-day work week
Around 8 lakh bankers are on strike today
DFS writes to state administrators seeking support for law and order
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Banks Shut on Jan 27, All India Strike on 5 Days Working Demand
The United Forum of Bank Unions (UFBU) has confirmed an All-India bank strike on January 27, 2026, after conciliation talks failed to resolve the long-pending demand for a five-day banking week. The strike follows continued delays in government approval despite the proposal being agreed with the Indian Banks’ Association (IBA) and included in the bipartite settlement.
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Central Govt Approves Wage and Pension Revision for Employees, Pensioners of PSUs, NABARD and RBI
The Central Government has revised wages and improved pension benefits for employees and pensioners of RBI, NABARD and other select public sector financial institutions.
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Canara Bank Directs Holiday Deployment of Branch Staff to Reduce AGR Loans Under 230 Product
Canara Bank has instructed deployment of branch staff on holidays. The move aims to reduce AGR loans under the 230 product code.
Read More: https://thekanal.in/en-IN/details/canara-bank-directs-holiday-deployment-of-branch-staff-to-reduce-agr-loans-under-230-product-9971
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5 Days Banking Strike Builds Up, HR Issues Surface & RRB IPO Opposition Grows
This week’s banking roundup covers intensifying preparations for the January 27 all-India bank strike over the long-pending 5 days banking demand, multiple conciliation meetings, and growing employee unrest across Public Sector Banks (PSBs) and Regional Rural Banks (RRBs). From HR and transfer policy concerns to pressure-culture allegations, governance debates, and strong opposition to RRB IPOs. Here’s the complete weekly wrap on key developments shaping India’s banking landscape.
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Minutes of Meeting: UFBU and CLC Record No Breakthrough, 5 Days Banking Issue Keeps Strike On
Minutes of the meeting issued by the United Forum of Bank Unions (UFBU) and the Chief Labour Commissioner (CLC) show no positive outcome from conciliation talks, with demands including five days banking remaining unresolved ahead of the January 27, 2026 bank strike
Read More: https://thekanal.in/en-IN/details/minutes-of-meeting-ufbu-and-clc-record-no-breakthrough-5-days-banking-issue-keeps-strike-on-42204
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UFBU Conciliation Fails Again, All India Strike is On After Two Days of Talks
Conciliation meetings held over the last two days in Delhi failed to produce any positive outcome, prompting the United Forum of Bank Unions (UFBU) to reaffirm that the nationwide bank strike scheduled for January 27 will go
Read More: https://thekanal.in/en-IN/details/ufbu-conciliation-fails-again-all-india-strike-is-on-after-two-days-of-talks-86210
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January 27 All India Bank Strike: What Bankers are Saying from Inside the System
Bankers speak to Kanal. Bankers’ voices reveal hope and skepticism as January 27 strike tests unity, credibility, and the long-delayed demand for a five-day banking week.
Read More: https://thekanal.in/en-IN/details/january-27-all-india-bank-strike-what-bankers-are-saying-from-inside-the-system-58207
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ICICI Prudential Life Insurance Faces Allegations of Policy Issuance Without Parental Declaration
Concerns have emerged over ICICI Prudential Life Insurance policies issued in the names of two minors, with allegations that mandatory parental consent and declarations were not obtained, raising questions about compliance with regulatory procedures.
Subscribe Channel and Watch More: https://youtube.com/shorts/uvMBRpR9jSY?si=rh2iAfdGUaiICGl*ICICI Prudential Life Insurance Faces Allegations of Policy Issuance Without Parental Declaration*
Concerns have emerged over ICICI Prudential Life Insurance policies issued in the names of two minors, with allegations that mandatory parental consent and declarations were not obtained, raising questions about compliance with regulatory procedures.
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UFBU–CLC(C) to Hold Another Conciliation on Jan 23, All India Strike for 5 Days Banking Demand on January 27 Remains Unchanged
The proposed All India bank strike on January 27, 2026, called by the United Forum of Bank Unions (UFBU), remains unchanged after conciliation talks failed to reach a settlement on the 5 days banking demand, with proceedings adjourned and the next conciliation meeting scheduled for January 23, 2026.
Read More: https://thekanal.in/en-IN/details/ufbuclcc-to-hold-another-conciliation-on-jan-23-all-india-strike-for-5-days-banking-demand-on-january-27-remains-unchanged-69669
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