Indian Overseas Bank (IOB) has formally notified exchanges regarding a potential strike scheduled for Thursday, February 12, 2026. The action has been called by several key employee and officer associations, including AIBEA, AIBOA, and BEFI, over various unresolved demands. The Bank confirms it is implementing all necessary contingency plans to minimize disruption to branch and office operations on the day of the potential industrial action.
Official Notification of Strike Action
Indian Overseas Bank (IOB) has issued a formal disclosure concerning a proposed strike action by bank employee unions. The notification, dated February 11, 2026, confirms that major banking unions, including the All India Bank Employees’ Association (AIBEA), the All India Bank Officers’ Association (AIBOA), and the Bank Employees’ Federation of India (BEFI), have jointly served notice of their intention to strike.
Date and Potential Impact
The planned strike is scheduled to occur on Thursday, February 12, 2026, stemming from ongoing issues and demands raised by the associations. The Bank acknowledges that should the strike materialize, the normal functioning of its various branches and administrative offices may be affected.
Management Response
In response to the potential disruption, IOB assures stakeholders that management is actively taking all essential steps to ensure the smoothest possible functioning of its operations across branches and offices throughout the duration of the scheduled strike day.
Source: BSE
