Bank strike: SBI staff union to hold 2-day protest on May 30-May 31
Bank strike: The reason behind the strike was not mentioned in SBI's notification.
Bank strike: India's largest lender State Bank of India (SBI) on Monday informed that staff unions will go on strike from May 30 to May 31. SBI revealed that such movement will impact their operations to some extent. On Monday, when benchmark indices were facing heat, the share price of SBI closed at Rs 245.10 per piece on BSE, above 2.47%. The reason behind the strike was not mentioned in SBI's notification.
SBI in a notification stated that, "we have been advised by the Indian Banks' Association (IBA) and UFBU has served a notice of strike, informing their decision to go on nationwide bank strie on May 30 to May 31, 2018."
All India State Bank Officers' Federation and All India State Bank of India Staff Federation are members of UFBU.
Govt mulling restoration of old pension scheme (OPS) for central govt employees? Minister of State for Finance Pankaj Chaudhary says THIS in Lok Sabha
Back-To-Back Upper Circuit! This multibagger infrastructure stock hits upper circuit for 12th straight session
Retail inflation now stable, temporary increases due to demand-supply mismatches: FM Nirmala Sitharaman
Tata Power shares near record high after power generator joins hands with Indian Oil to set up EV charging points
Old Tax Regime clear winner, preferred by 63% taxpayers who prioritize long-term investments, tax-saving: Survey
Coca Cola India forays into Alcohol segment alcoholic beverage stocks Radico Khaitan, UBL, Sula Vineyards, Som Distilleries shares rise Tilaknagar Industries stock declines
Therefore, it is likely that SBI will also be impacted to some extent by the said strike calls.
From the following even SBI customers would be impacted, as their financial operations would take a troll from the strike as well.