Punjab & Sind Bank updates on proposed strike by United Forum of Bank Unions

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Capital Market
Last Updated : Feb 18 2015 | 3:31 PM IST

From 25 February to 28 February 2015

Punjab & Sind Bank announced that United Forum of Bank Unions (UFBU) has given a notice to IBA calling for All India Bank Strike from 25 February 2015 to 28 February 2015, for immediate settlement of wage revision, 5 day banking, improvement in pension scheme, improvement in other perquisites and allowances and regulated working hours to officers.

If the strike materialises, a certain section of the Bank's employees may participate in the proposed strike on the said dates, in which case, it is likely that the normal functioning of the branches / offices of the Bank may get affected.

The Bank is taking all necessary steps in terms of the existing guidelines for smooth functioning of Bank's branches / offices to deal with the strike.

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First Published: Feb 18 2015 | 1:52 PM IST

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