Bank Strike With BRICS Clash ‘Coincidence’: Public Vs Private Impact, 5-Day Week Deadlock & Pay Rules Explained
News explainers Bank Strike With BRICS Clash ‘Coincidence’: Public Vs Private Impact, 5-Day Week Deadlock & Pay Rules Explained Last Updated:September 11, 2026, 03:11 IST The primary catalyst behind Friday’s strike stems from a two-year regulatory deadlock over working hours Participating bank employees face a mandatory pro-rata deduction of one day’s basic pay and allowances…