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UFBU Circular: In response to the strike notice served by us on the IBA, the IBA
invited UFBU for a discussion today. Accordingly, the discussions took place in
IBA office this afternoon. IBA was represented by the Chief Executive Shri A K
Goel, Dy. Chief Executive Shri. Gopal Murali Bhagat, Mr. Brajeshwar Sharma,
outgoing Sr.Advisor, HR&IR, and the new incumbent Shri Arvind Misra. UFBU
was represented by representatives of all our constituent Unions.
IBA informed us that the demand for declaring the remaining 2 Saturdays also
as holidays has already been recommended to the Government and the
response of the Government is still awaited as the same is under their
consideration. IBA further stated that few more issues are also pending
resolution, particularly the issue of PLI. Hence IBA suggested that all these
issues will be further pursued and hence requested the UFBU to postpone our
strike action on the 27th January, 2026.
Reacting to IBA’s request, from UFBU, we pointed out that while in 2015, 2nd and
4th Saturdays were agreed to declared as holidays, it was assured that declaring
the remaining two Saturdays as holidays will be considered in due course. But
nothing has happened after that. In February, 2023, UFBU agreed for increase
of 40 minutes in working hours per day on all Monday to Friday and IBA agreed
to declare remaining Saturdays as holidays, subject to approved by the
authorities. This proposal has already been recommended to Government and it
is still pending for the past two years. We emphasised that in the present
scenario of banking, declaring the remaining two Saturdays as holidays is most
essential. In view of the inordinate delay in implementing this understanding
reached between IBA and UFBU, we regretted our inability to accept IBA’s request to postpone the strike.
Hence our STRIKE CALL STANDS. we request all our Unions to implement the All India Strike on 27th January, 2026.
