Last update:
The bank strike set for March 24-25, 2025 has been postponed indefinitely. Banks will work normally on 25 March today. The next bank holiday is 31 March for Ramjan-ID.
Bank strike March 2025: Are banks open or closed today, 25 March?
Bank Strike March 2025: The bank strike organized by the United Forum of Bank Unions (UFBU), set on 24-25 March 2025, has been postponed indefinitely. The decision came on Friday after discussion related to the Chief Labor Commissioner and other parties. The UFBU, which included nine bank unions, initially announced the strike on 13 March when the Indian banks failed to address major issues after negotiations with the Union (IBA).
Consumers are now uncertain whether banks will open or shut down today.
Will banks open or close on 25 March today?
With the shutdown of the strike, banks across India will work normally on Monday, 25 March. According to the RBI holiday list under the perfect Instruments Act, there is no bank holiday today. Therefore, bank branches would be open and functioning without any hindrance.
Upcoming bank holiday in March 2025
Banks will be closed on 31 March for Ramadan-ID (ID-ul-Fitr). Agartala, Ahmedabad, Belapur, Bangalore, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Gangtok, Guwahati, Hyderabad (AP and Telangana), Imifal, Itanagar, Jaipur, Jammu, Jammu, Kanpur, Kanpur, Kanpur, Kanpur, Kanpur, Kanpur, Kanpur, Kanpur, Jammu, Jammu, Jammu, Jammu, Jammu, Kanpur, Jammu, Jammu. Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Srinagar and Thiruvananthapuram, will be closed on this date.
Major demands behind the strike
L. Chandrashekhar, General Secretary of the National Confederation of Bank Employee (NCBE), despite several discussions with IBA highlighted many unresolved issues:
Staff shortage: immediate need for recruitment at all levels to manage the workload efficiently.
Board Representation: Appointment of directors and officer directors working in public sector banks.
Job Safety concerns: Rollbacks of demonstration reviews and incentive policies launched by the Department of Finance Ministry (DFS) of the Finance Ministry, which unions believe that the stability of the job is threatened.
Bank autonomy: Opposition of the unions described by DFS as “micro-management”, arguing that excessive interference reduces the freedom of bank boards.
Gratuity Act Amendment: To align with the benefits of government employees, proposes to increase the gratuity sealing to 25 lakhs, as well as the demand for tax exemption on gratuity payment.
