Negative impactSector
Bank strike Sept 28-30: Will financial services work? All ATM, digital wallet and UPI FAQs answered
Mint 44 min ago·25 Sept 2026, 7:24 am
Bank unions have called a three‑day strike from September 28‑30, which could limit in‑branch services at many Indian banks. While most ATMs are expected to stay operational, some may be temporarily offline, and customers might encounter longer queues or reduced cash availability.
Digital channels such as UPI, mobile banking apps, and e‑wallets are likely to remain functional, as they are managed by separate payment networks. However, a surge in online transactions could strain system capacity, leading to occasional delays. Investors should note that any prolonged disruption may affect banks’ fee income and could temporarily depress transaction‑related earnings.
Going forward, watch for announcements from the Reserve Bank of India or individual banks about contingency measures, as well as any early settlement of the strike. Monitoring real‑time transaction volumes and any regulatory guidance will help gauge the broader impact on the financial services sector.
Excerpt from Mint
Bank customers in India may face in-branch service disruptions due to a three-day strike planned by bank unions. Here's all you need to know about the available financial services. Bank customers across India could face disruption in terms of accessing in-branch services from September 28 to 30, 2026, as the United…Read the original at Mint
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