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(As on May 17, 2018, 18:45)

Punj. & Sind Ban - Announcement under Regulation 30 (LODR)-Strikes /Lockouts / Disturbances

We have been informed by Indian Bank's Association that United Forum of Bank Unions (AIBEA, AIBOC, NCBE, AIBOA, BEFI, INBEF, INBOC, NOBW, NOBO) has served a notice that all the constituent unions have proposed to go on strike on 30th May, 2018 and 31st May 2018.
If the strike materialises, a certain section of the Bank's employees may participate in strike on the said date, in which case, it is likely that the normal functioning of the branches / offices of the Bank may get affected.
The Bank is taking all necessary steps in terms of the existing guidelines to deal with the strike and for smooth functioning of Bank's branches / offices.
The information is furnished pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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