The Indian Banks’ Association (IBA) has scheduled an in-person meeting of its High-Level Committee on 5-Day Banking for November 12, 2026, in Mumbai. The meeting will begin at 10:00 AM at the IBA Committee Room, World Trade Centre, Cuffe Parade.
In a letter dated October 28, 2026, the IBA invited the General Secretaries of AIBEA, AIBOC, NCBE, BEFI, AIBOA, INBOC and INBEF to participate in the meeting in person.
IBA Calls Bank Union Representatives for Discussions
The latest invitation follows an earlier communication dated September 29, 2026, regarding the High-Level Committee on 5-Day Banking.
The letter was issued by Arvind Misra, Senior Advisor – HR & Industrial Relations at the IBA. It asks representatives of the participating bank employees’ and officers’ organisations to attend the scheduled discussions.
The meeting is expected to provide a platform for the committee and union representatives to discuss the long-standing demand for introducing a five-day working week in the banking sector.
What Is the Demand for 5-Day Banking?
Bank employees’ unions and officers’ organisations have been advocating a system under which banks would remain closed on Saturdays and Sundays, with regular banking services operating from Monday to Friday.
The proposal has been a significant issue for bank employees, who are seeking a formal five-day banking schedule. However, the IBA’s latest letter does not provide a detailed agenda for the November 12 meeting or confirm any decision on implementing the proposed system.
Will Banks Remain Closed on Saturdays?
The scheduled meeting does not mean that the demand for five-day banking has been approved. No implementation date has been announced in the communication.
Bank employees and customers will need to wait for the outcome of the discussions and any subsequent official announcement from the concerned authorities. Until a formal decision is communicated, the November 12 meeting should be viewed as a scheduled discussion rather than confirmation of a change in banking days.
Disclaimer: This article is based on the details provided in the IBA meeting communication. The meeting schedule does not confirm the implementation of five-day banking. Readers should refer to official announcements from the IBA and relevant banking authorities for verified updates on any changes to banking operations.