Indian bank unions call Sept 11 strike over unresolved wage issues

Indian bank employee unions have announced a strike on September 11 over unresolved issues, including the implementation of a five-day work week. The unions claim banks agreed in principle to a five-day week in 2015, revisited in 2020, and formalized in the March 2024 wage settlement, but implementation remains pending. The strike could disrupt banking operations, affecting financial markets and payment systems.