Bank strike on 28, 29, 30 September deferred; salaried individuals to get money in account as usual?

The bank strike originally planned for 28-30 September has been deferred. Will your salary reach the account as usual?

The bank strike from 28 to 30 September was expected to delay some September salaries. However, the strike has been deferred. Will your salary be on time now?

Companies using digital banking with enough funds have never had any issues paying salaries on time. However, heavy transaction traffic could have caused problems. Employers, depending on branch visits or cheque clearing, could have faced a greater risk of delays.

Now that the strike has been deferred, most public sector banks, including SBI, should not face any disruption. Even older private banks, including Federal Bank and South Indian Bank, are likely to work just fine. HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank will remain functional.

Quick answers to key questions

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QUESTIONS

Yes, since the bank strike has been deferred, most banks, including public sector banks like SBI and private banks such as HDFC, are expected to process salaries on time.

You can carry out transactions through internet banking, mobile banking, or ATMs, as these services will remain available despite the earlier planned strike.

The strike was called off after a meeting between the Indian Banks' Association (IBA) and the United Forum of Bank Unions (UFBU) resulted in an agreement to address union concerns regarding various banking issues.

Central government employees received their September salaries in advance on 25 September to prevent delays due to the impending bank strike, while state government employees did not benefit from this arrangement.

Yes, it's advisable to always plan ahead for potential disruptions in banking services, particularly around strike dates or other scheduled holidays, to ensure you can complete necessary transactions timely.

Central government employees have already received their September salaries, paid in advance on 25 September due to the said strike. Salaries, wages and pensions were included even for employees in Defence, Posts and Telecommunications.

Instructions circulated through the Railway Board covered Railway employees. The Board's communication directed railway units to act immediately on the salary order. They also received their salaries on 25 September.

The central government's early payment arrangement, however, did not include the state government or its employees. They are expected to get their salary in the usual course.

Even if the bank strike took place, UPI, mobile banking, internet banking and ATMs were expected to remain available. Cash transactions, cheque clearing, and loan applications at branches would have been affected. Deposits and the liquidation of Fixed Deposits could also have suffered.

Public sector banks and regional rural banks were open on Sunday, 27 September. Customers were advised to complete important transactions before the strike wherever possible.

3-day bank strike called off: UFBU statement

IBA and UFBU held a meeting on 27 September. They decided to form a high-level committee immediately. This committee will discuss whether Saturdays should be holidays. It will explore alternatives and consult all stakeholders involved.

Discussions will start on the PLI Scheme for Scale IV officers. IBA will propose modifications to the government that address union concerns. Residual issues from the March 2024 minutes will also be discussed.

“In view of the above, it was agreed by the UFBU that the proposed agitational programmes and strike actions will be deferred,” UFBU said in its statement.

About the Author

Sounak Mukhopadhyay covers trending news, sports and entertainment for LiveMint. His reporting focuses on fast-moving stories, box office performance, digital culture and major cricket developments. He combines real-time updates with clear context for everyday readers. <br><br> Sounak brings newsroom experience across breaking news, explainers and long-form features. He has a strong emphasis on accuracy, verification and responsible storytelling. His work tracks audience behaviour, celebrity influence and the business of sport and cinema. He helps readers understand why a story matters beyond the headline. <br><br> Sounak has contributed to widely read digital publications. He continues to build a body of journalism shaped by consistency, speed and editorial clarity. He is particularly interested in the intersection of media, popular culture and public conversation in contemporary India. <br><br> At LiveMint, he writes daily coverage as well as analytical pieces that interpret numbers, trends and cultural moments in accessible language. His approach prioritises factual depth, balanced framing and reader trust. The reporting aligns with modern newsroom standards of transparency and credibility. <br><br> Outside daily reporting, he explores storytelling across formats including podcasts, filmmaking and narrative non-fiction. Through his journalism, Sounak aims to document the rhythms of modern entertainment and sports while maintaining rigorous editorial integrity. <br><br> Sounak continues to develop audience-focused journalism that connects speed with substance in a rapidly-changing information environment. His work seeks clarity, trust and lasting public value in every story he reports.

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