Karnataka Bank has announced that its operations may be affected due to a proposed strike by the All India Bank Employees Association (AIBEA) and All India Bank Officers Association (AIBOA) on January 27, 2026. The strike, under the banner of the United Forum of Bank Unions (UFBU), is related to demands for a 5-day banking week and opposition to disinvestment. The bank is taking steps to minimize disruption.
Anticipated Strike Action
An impending strike by the All India Bank Employees Association (AIBEA) and All India Bank Officers Association (AIBOA) is scheduled for January 27, 2026. This action, organized under the United Forum of Bank Unions (UFBU), could potentially impact the normal functioning of Karnataka Bank’s branches and offices.
Reasons for the Strike
The primary demands of the striking unions include the implementation of a 5-day banking week. The unions also oppose the disinvestment process in IDBI and regional rural banks (RRBs).
Mitigation Efforts
Karnataka Bank is actively undertaking necessary measures to ensure the continuity of its services. However, the bank anticipates that the strike may still cause some disruptions. The extent of potential losses or damages remains unquantified at this time.
Source: BSE
