PNB Says Operations May Be Hit If Unions Go On Strike Wednesday

Punjab National Bank on Tuesday said that normal operations at its branches and offices could be disrupted if bank unions go ahead with a proposed strike on Wednesday.

The All India Bank Employees' Association, All India Bank Officers' Association, and Bank Employees Federation of India have served notice to the Indian Banks' Association about their intention to strike over issues such as outsourcing of officer roles, disinvestment in IDBI Bank, recruitment across cadres, and work-life balance concerns.

While PNB has taken steps to ensure business continuity, day-to-day banking services may still be affected if the strike goes ahead, the lender said in a filing.