The All India Bank Employees Association (AIBEA) has called for a two-day countrywide bank strike on February 23 and 24, 2022. Year 2021 had also ended with a massive all-India strike by the bank unions on December 16 and 17. The banking system is the bloodline of any economy and banks are trustees of public money. The depositors, therefore, have more stake in the welfare of banks than the share-holders. A bank failing has more systemic implications than say, the failure of a manufacturing company. The Indian banking sector has emerged as one of the strongest drivers of the India’s economic growth. According to a PwC report, India may well be the third largest banking hub in the world by 2040, and by 2025, India's fintech market is expected to reach Rs6.2 trillion.