India News | Services May Be Hit as Staff Unions Plan to Go on Strike on March 28, 29: SBI
Get latest articles and stories on India at LatestLY. The country's largest lender State Bank of India on Tuesday said banking services may get impacted to an extent as various employees' unions have called for a two-day strike on March 28-29.
New Delhi, Mar 22 (PTI) The country's largest lender State Bank of India on Tuesday said banking services may get impacted to an extent as various employees' unions have called for a two-day strike on March 28-29.
SBI said it has been advised by the Indian Banks' Association (IBA) that All India Bank Employees' Association (AIBEA), Bank Employees Federation of India (BEFI) and All India Bank Officers' Association (AIBOA) have served a notice about their decision to go on a nationwide strike.
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The strike has been called to oppose the government's move to privatise public sector banks and the Banking Laws Amendment Bill 2021.
"We advise that while the bank has made necessary arrangements to ensure normal functioning in its branches and offices on the days of strike, it is likely that work in our bank may be impacted to a limited extent, by the strike," SBI said in a regulatory filing.
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The bank said it cannot quantify the potential loss due to the strike.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)