On April 23, 2025, Bank Unions met with IBA to address a number of concerns, including the Revised PLI plan, 5-Day Banking, and other matters.
What discussions were held about 5 Day Banking?
The establishment of five-day banking was considered by the bank unions and IBA. According to several sources, the government opposes five-day banking, the bank unions told IBA. The unions will have to go on strike once more if this is the case. According to IBA, they are pursuing the issue with DFS.
The key question, however, is how long the IBA will talk to the government on five-day banking. The conversations have continued for more than a year. Also on April 23, 2025, no solid discussion was held regarding 5 Day Banking. Like all other meetings, this time also IBA tried to liaison with bank unions in order to defer strike. AIBEA has released minutes of meetings which are as follows:
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