Union Bank of India has been advised by the Indian Banks’ Association (IBA) about a strike notice from the United Forum of Bank Unions and All India Bank Officers Association. A one-day strike is planned for January 27, 2026, due to various demands. While operations might be affected, the bank is taking necessary steps to minimize disruption. The impact of the strike cannot be quantified at this time.
Upcoming Strike Action
Union Bank of India has received a notice regarding a planned one-day strike. This notice was served by the United Forum of Bank Unions and All India Bank Officers Association. The strike is scheduled for January 27, 2026.
Potential Impact on Operations
The strike may affect the functioning of the bank’s branches and administrative offices across India. Union Bank of India is taking steps to manage the situation and minimize any disruptions. The bank is following existing guidelines to ensure smooth operations as much as possible during the strike.
Unquantifiable Impact
As of now, Union Bank of India is unable to determine the financial impact of the impending strike. The bank will continue to monitor the situation and take appropriate action to mitigate any negative consequences.
Source: BSE