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Bank strike hits Assam, demands five‑day week, pension overhaul, PLI repeal

Bank employees across India, including Assam, walked out on Friday, pressing unions for a five‑day workweek, pension revisions and the removal of the Performance Linked Incentive scheme.

On Friday, bank employees staged a strike that disrupted banking operations nationwide, with a pronounced impact reported in Assam.

Unions leading the walkout are pressing for three core changes: the introduction of a five‑day banking week, a revision of pension structures, and the withdrawal of the Performance Linked Incentive (PLI) scheme.

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The demands are described by unions as long‑pending, signalling broader discontent within the sector and increasing pressure on banks and regulators to address these labour concerns.

Video: BANK STRIKE: Banks Closed Across India? | LIVE Updates | সপ্তাহত ৫ দিনৰ বেংক কৰ্মচাৰীৰ ধৰ্মঘট
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Why This Matters

The strike halts routine banking services, affecting customers and businesses that rely on daily transactions. It also spotlights mounting pressure on the financial sector to reform work schedules, pension policies, and incentive schemes, potentially prompting regulatory review and influencing future labour negotiations.

Reporting based on verified dispatches from The Sentinel. View primary release ↗
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