1 of 1
Story summary
- Finance Minister Nirmala Sitharaman announced the performance-linked incentive scheme for FY 2025-26 will be kept in abeyance.
- The Ministry said the abeyance decision follows a meeting with a bank employee delegation led by Bharatiya Mazdoor Sangh.
- United Forum of Bank Unions will strike on September 11, 2026 and warned of further strikes Sep 28-30 and Oct 26.
- Unions demand a five-day banking week and the withdrawal of the performance-linked incentive scheme.