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PNB Officers’ Federation to Go on Strike on 9th October Over Saturday Holiday Demand
The Punjab National Bank Officers’ Federation has announced a one-day strike on 9 October 2025, demanding that all Saturdays be declared bank holidays as per the agreement between unions and the IBA.
Author: S Nila
Published: 5 hours ago
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The All India Punjab National Bank Officers’ Federation (AIPNBOF), affiliated with the All India Bank Officers’ Association (AIBOA), has announced a one-day strike on 9th October 2025. The notice, issued under Section 22(1) of the Industrial Disputes Act, 1947, has been formally served to the Department of Financial Services, Ministry of Finance.
The main demand of the strike is the declaration of all Saturdays as official holidays under the Negotiable Instruments (NI) Act for the banking industry. According to the union, this demand is not new — it was agreed between the United Forum of Bank Unions (UFBU) and the Indian Banks’ Association (IBA) under the 9th Joint Note dated 8th March 2024. The IBA has already recommended this proposal to the Government of India, but a final notification is still awaited.
Union Leaders’ Stand
- Sushil Kumar Kataria, President of AIPNBOF, and
- Krishna Kumar, General Secretary of AIPNBOF,
are spearheading the agitation. They argue that bank officers across the country have been waiting for the government to implement this long-pending demand, which would bring parity with other sectors where five-day workweeks are already in place.
Next Steps
The strike notice has also been marked to the Chief Labour Commissioner, Ministry of Labour, to comply with legal requirements. If the government does not take action before the deadline, officers of Punjab National Bank nationwide will participate in the one-day strike, causing a potential disruption in banking services.
Background
Currently, banks observe alternate Saturdays as holidays. Bank unions have been pressing for all Saturdays to be declared holidays, citing reasons of work-life balance, efficiency, and alignment with global practices.
The upcoming strike highlights the growing frustration among officers over delays in policy decisions that were already agreed upon in negotiations.
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