New Delhi, Aug. 24 -- The United Forum of Bank Unions (UFBU) has announced a fresh round of industrial action-including an all-India strike on 11 September, a three-day strike 28-30 September and an indefinite strike from 26 October-over the delay in implementation of a five-day working week, opposition to the government's revised performance-linked incentive (PLI) scheme for senior bank officers and several unresolved pension and service-related issues, its press statement said on Monday.

This comes over two years after the industry's last wage settlement between the Indian Banks' Association (IBA) and the bank unions. The 12th Bipartite Settlement for workmen and the 9th Joint Note for officers were signed on 8 March 2024 and are effec...