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Varanasi

Varanasi Banks Affected as UFBU Leads Protest Demanding 5-Day Work System

By Saurav Yadav6 min read
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Banking services across Varanasi came to a standstill on Tuesday as bank employees and officers staged a coordinated protest demanding the implementation of a five-day workweek. The demonstration was organized under the banner of the United Forum of Bank Unions (UFBU), reflecting a nationwide movement against increasing work pressure, staff shortages, and mounting mental stress faced by banking personnel.

The protest was held peacefully outside the State Bank of India’s main branch in the city, where a large number of employees and officers gathered to express their dissatisfaction. Similar demonstrations were also organized at the Union Bank of India’s zonal office at Chandra Tower, highlighting the widespread participation of banking staff from various public sector banks.

Union leaders stated that the demand for a five-day workweek is not new. It has been discussed multiple times in earlier bipartite agreements, and even the Indian Banks’ Association had expressed its agreement in principle. However, despite repeated assurances, the central government has yet to take a final decision, leading to growing frustration among bank employees. Speakers at the protest alleged that promises made to bank staff have remained limited to paperwork, with no concrete implementation on the ground.

Addressing the gathering, union representatives emphasized that bank employees are working under intense pressure due to staff shortages and expanding responsibilities, while continuing to provide uninterrupted services to the public. They argued that a five-day workweek would significantly improve work-life balance, reduce stress, and ultimately enhance the quality and efficiency of banking services.

Union leaders also warned that if their legitimate demands are not addressed soon, the agitation may be intensified and expanded at the national level. They stressed that many government departments and several countries have already adopted a five-day work system, and the banking sector should not be treated differently.

The ongoing agitation has already impacted banking operations, with banks remaining closed for several consecutive days due to holidays and strike-related disruptions. According to union officials, talks held on January 22 and 23 failed to yield any consensus, further escalating the situation. Normal banking operations are expected to resume from January 28, but unions have made it clear that the issue is far from resolved.

The protest remained peaceful throughout, with no reports of untoward incidents. However, the growing unrest among bank employees signals a significant challenge for authorities, as the demand for a five-day banking system continues to gain momentum across the country.