PNB urges customers to finish branch banking before Sept. 25 ahead of strike

Punjab National Bank has advised customers to complete branch-dependent transactions by Sept. 25 before a planned nationwide bank-union strike from Sept. 28-30, 2026. ATMs, mobile and internet banking, and UPI are expected to remain available.

— Source publishedTue, 22 Sept, 2026, 15:04 IST·First seen Tue, 22 Sept, 2026, 16:40 IST·Source NDTV Profit

What happened

Punjab National Bank · PNB advised customers to complete branch-dependent work by Sept. 25 before a nationwide bank-union strike from Sept. 28-30. Digital

Key facts

  • 3-day strike
  • September 28-30, 2026
  • September 25, 2026
  • 90% of banking-sector employees
  • September 30, 2026

Why this matters

The disruption highlights partnership opportunities with banks for ATM-network expansion, digital onboarding, customer-support automation and contingency payments infrastructure.

What to watch

  • Confirmation of strike participation by major public-sector bank unions and whether private banks join.
  • RBI, NPCI and bank advisories on ATM replenishment, cheque clearing, NEFT/RTGS operations and digital-payment capacity.
  • ATM outage rates, cash-out reports and unusual cash-withdrawal volumes in the days before Sept. 28.
  • UPI transaction success rates, bank app downtime, card authorization declines and payment-aggregator incident notices.
  • Retailer reports of delayed cash deposits, reduced change availability, cheque-clearing delays or supplier-payment disputes.
  • Any government or labor-ministry intervention that narrows, postpones or cancels the strike.
  • Increase ATM cash-loading and monitoring capacity in high-withdrawal retail corridors, particularly near month-end salary and bill-payment cycles.
  • Encourage merchants to display and test UPI QR codes, card terminals and backup connectivity before Sept. 28.
  • Advance branch-dependent activities: cash deposits, cheque lodgements, loan documentation, demand drafts, account updates and bulk supplier-payment approvals.
  • Retailers should build a three-to-five-day cash-float and change reserve while accelerating bank deposits before the strike window.
  • Finance teams should move payroll, vendor disbursements, refund batches and treasury transfers away from the strike period where branch, cheque or manual approval steps are involved.
  • Fintechs and payment aggregators should prepare for elevated transaction volumes, support requests, failed-payment retries and merchant onboarding demand.