business π¦ Bank strike threatens business flow in Bengaluru
Trade bodies in Bengaluru warned that the nationwide bank strike would affect financial predictability and business continuity. The State Bank of India issued an advisory ahead of the strike by the United Forum of Bank Unions from September 28 to September 30. The strike, which represents 90% of the banking workforce, is tied to demands like a five-day banking week. FKCCI stated this disruption critically impacts MSMEs needing timely payments and collections during month-end. Stakeholders are urged to maintain dialogue for an amicable solution benefiting the economy. π¦