Union Bank of India has issued a formal notice confirming that employee unions, including AIBEA and BEFI, have called for a one-day strike on Thursday, February 12, 2026. This action is due to various demands being presented to the Indian Banks’ Association (IBA). The bank is proactively implementing steps to minimize disruption, although branches and administrative offices across India may experience operational impact. The precise financial quantification of this disruption is currently unavailable.
Official Intimation of Industrial Action
Union Bank of India has formally disclosed information regarding an impending industrial action. The Bank was advised by the Indian Banks’ Association (IBA) that major employee federations, namely the All India Bank Employees’ Association (AIBEA) and the Bank Employees Federation of India (BEFI), have issued a formal notice for a strike.
Key Dates and Scope
The announced action is scheduled to take place over one full day on Thursday, February 12, 2026. This strike is being initiated to press various demands concerning the banking workforce. The Bank confirms its immediate compliance with disclosure requirements concerning this material event.
Operational Preparedness and Impact Assessment
In anticipation of the strike materializing, the Bank has confirmed that all necessary preparatory steps are being taken, in line with existing guidelines, to ensure the smoothest possible functioning of operations. It is noted that the functioning of the Bank’s branches and administrative offices throughout India may be affected by the stoppage. As of the date of this disclosure, February 11, 2026, the Bank is currently unable to quantify the financial or operational impact resulting from the said strike action.
Source: BSE