Bank Strike March 2025: Are Banks Open Or Closed Today, March 25? Check Status
The bank strike scheduled for March 24-25, 2025, has been postponed indefinitely. Banks will operate normally today, March 25. The next bank holiday is March 31 for Ramzan-Id.
Bank Strike March 2025: The bank strike organized by the United Forum of Bank Unions (UFBU) scheduled for March 24-25, 2025, has been postponed indefinitely. This decision came after discussions involving the chief labour commissioner and other parties on Friday. The UFBU, comprising nine bank unions, had initially announced the strike on March 13 after talks with the Indian Banks’ Association (IBA) failed to address key issues.
Consumers are now unsure if banks will be open or closed today.
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Will Banks Be Open or Closed Today, March 25?
With the strike being called off, banks across India will operate normally today, Monday, March 25. There is no bank holiday today as per the RBI’s holiday list under the negotiable instruments act. Therefore, bank branches will be open and functioning without interruption.
Upcoming Bank Holiday in March 2025
Banks will be closed on March 31 for Ramzan-Id (Id-Ul-Fitr). Branches in various cities, including Agartala, Ahmedabad, Belapur, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Gangtok, Guwahati, Hyderabad (AP & Telangana), Imphal, Itanagar, Jaipur, Jammu, Kanpur, Kochi, Kohima, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Srinagar, and Thiruvananthapuram, will be closed on this date.
Key Demands Behind the Strike
L Chandrasekhar, General Secretary of the National Confederation of Bank Employees (NCBE), highlighted several unresolved issues despite numerous discussions with the IBA:
Staff Shortages: Urgent need for recruitment across all levels to manage workloads efficiently.
Board Representation: Appointment of workmen and officer directors in public sector banks.
Job Security Concerns: Rollback of performance reviews and incentive policies introduced by the Ministry of Finance’s Department of Financial Services (DFS), which unions believe threaten job stability.
Bank Autonomy: Opposition to what unions describe as “micro-management" by the DFS, arguing that excessive intervention undermines the independence of bank boards.
Gratuity Act Amendments: Proposal to raise the gratuity ceiling to ₹25 lakh to align with government employees’ benefits, along with a demand for tax exemption on gratuity payments.
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