To push for a variety of demands. The two-day strike call was issued on January 30 by the United Forum of Bank Unions (UFBU), the umbrella organization for banking sector trade unions.
The State Bank of India (SBI) has informed its customers that the upcoming two-day bank strike called by the Union Forum of Bank Unions (UFBU) on January 30 and 31 "may be impacted" on banking services at its branches.
"We inform that the Indian Banks' Association (IBA) has informed us that the United Forum of Bank Unions (UFBU) has served a Notice of Strike informing the members of the constituent Unions of UFBU viz. SBI stated in a regulatory filing on January 24 that AIBEA, AIBOC, NCBE, AIBOA, BEFI, INBEF, and INBOC "propose to go on a nationwide Bank Strike on the 30th and 31st of January, 2023 in support of their demands."
Bank strike: SBI services may be impacted We inform you that, despite the Bank's efforts to maintain normal operations in its branches and offices on strike days, it is possible that work at our Bank may be impacted by the strike, should one occur.
The bank stated that it cannot estimate the strike's potential loss.
A call for a two-day bank strike on January 30 has been issued by the United Forum of Bank Unions (UFBU). The UFBU said in a statement that because the Indian Banks' Association did not respond to the demands at a meeting on Thursday in Mumbai, it was decided to call for a strike on January 30 and 31.
Why will bank unions be striking?
The trade unions have been demanding, among other things, five-day banking, an increase in pension benefits, and recruitment of individuals from all cadres, according to a PTI report.
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