SBI, BoB and Canara Bank flag five-day payment risk around proposed September strike
SBI, Bank of Baroda and Canara Bank have advised customers to complete branch-led transactions early and use digital channels ahead of a proposed September 28–30, 2026 strike. Including the preceding weekend, disruption could affect settlements, cash handling, government payments and retailer operations for up to five days.
What happened
State Bank of India · SBI, Bank of Baroda and Canara Bank urged customers and businesses to complete branch transactions before a proposed September 28-30 bank
Key facts
- Three-day strike from September 28 to 30, 2026
- Potential five-day banking disruption including preceding weekend
- UFBU claims to represent 90% of banking workforce
Why this matters
Retail operators should accelerate cash deposits, payroll, supplier transfers and branch-dependent settlements before September 28, while preparing digital-payment and liquidity contingencies for a potential five-day disruption.
What to watch
- Formal strike confirmation, union participation levels and any withdrawal or postponement announcement.
- RBI, NPCI, bank and payment-network advisories on UPI, IMPS, NEFT, RTGS, ATM replenishment and cheque-clearing availability.
- Acquirer or gateway alerts showing rising declines, delayed settlements or transaction caps.
- Cash-in-transit capacity, ATM cash-out rates and branch cash-deposit cut-off changes.
- Retailer exposure to SBI, Bank of Baroda or Canara Bank for collections, payroll, merchant acquiring or supplier disbursements.