When the entire world is moving towards 4 days a week, only we are deprived of the much needed 5 days banking… RBI, state government, insurance sector is having 5 days a week.. It’s high time that bankers should also be given 5 days a week… #5DayBankingNow
When the world is moving to a 4-day week, and banking is already 24x7 in the digital era, bankers asking for a 5-day week isn’t a luxury. It’s justice.
IBA has agreed. The understanding is signed.
Now the Government must honour its commitment – no more excuses, no more delays.
Respect the Settlement. Deliver it.
We demand #5DayBankingNow
Public Sector Banks are the backbone of India's equitable growth.
#UnitedWeStand
We demand:
✅ Adequate recruitment & regularization of temporary staff
✅ A 5-day work week for bankers
✅ Safety & dignity at workplaces
✅ Opposing outsourcing
✅opposing micromanagement & unfair labour practice by DFS and other justified demands.
Stand with UFBU's fight for a stronger banking sector.
#UnitedWeStand
5-Day Work Week: A Standard for Productivity, Growth & Efficiency and a norm for ethical workplace.
Across sectors globally, the 5-day work week boosts productivity, enhances efficiency, reduces work-related stress, and fosters growth.
In India -
✅ Central Govt. – 5 days week, Limited service alternatives on weekends
✅ State Govts.– 5 days week, Limited service alternatives on weekends
✅ RBI – 5 days week, Very few service alternatives on weekends
✅ LIC – 5 days week, Some service alternatives on weekends
✅ Courts – 5 days week, No alternatives on weekends
✅ Stock Exchange– 5 days week, Trading closed on weekends
✅ Most MNCs and private companies– 5 days week, limited work on weekends, barring some exceptions.
❌ Indian Banking Sector– 𝟱 𝗱𝗮𝘆 𝘄𝗼𝗿𝗸 𝘄𝗲𝗲𝗸 𝗳𝗼𝗿 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗲s is still pending despite providing 𝟮𝟰𝘅𝟳 𝘀𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗮𝗹𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝘃𝗲 & digital 𝗯𝗮𝗻𝗸𝗶𝗻𝗴 𝗰𝗵𝗮𝗻𝗻𝗲𝗹𝘀.
An agreement between the management of all Banks represented by IBA (Indian Banks Association) and employees unions has already been signed, and the IBA has recommended it to the government. Yet, the implementation remains pending.
Banking is a demanding & high-pressure service industry with long hours of work and zero tolerance for human errors. If any sector deserves a 5-day work week on priority, it’s banking.
Bank employees and their families fervently hope that this much-needed reform will be declared soon.
We urge the government @FinMinIndia, @PMOIndia, @DFS_India to prioritize this decision for the well-being of bank employees and to further enhance the banking sector’s efficiency.
#5DayWorkWeekForBankers #StressFreeBanking #BetterServices #WorkLifeBalance
Thank you, Hon’ble Prime Minister, for your appreciation of PSU Banks. The employees and officers in public sector banks are dedicatedly serving the citizens of this country 24/7, despite facing staff shortages and numerous workplace challenges. The employee-to-customer ratio in private banks is significantly higher compared to public sector banks.
To secure better working conditions for public sector bankers, an agreement was reached between the IBA and Banking Unions and Associations on 8th March 2024 to introduce a ‘5-day work week’ in banks. We kindly request your esteemed office to intervene and officially declare a ‘5-day work week’ for the banking sector. This will help reduce stress and fatigue thereby improving the productivity of bank employees and enabling them to serve the fellow citizens with renewed enthusiasm.